- Major support - $1258 (200- day MA).
- Gold hits fresh two-week low yesterday on account of the high dollar . It has declined till $1261.90 yesterday and slightly recovered from that level. It is currently trading around $1264.904.
- The greenback strengthened once again after the release of U.S ISM services index data. The index rose to 57.1 last month compared to August’s reading of 51.4 fastest in 11 months.
- Market awaits US Non-Farm-Payroll data on Friday for further direction.
- Technically, any break below 61.8% retracement will drag the gold down till $1258 (200- day MA)/$1250 (38.2 %retracement of $1046 and $1375) in the short term.
- On the higher side, resistance is around $1279.50 (3- day EMA) will take the yellow metal to $1385 (23.6% retracement of $1375.30 and $1266.99)/$1302 (9- day EMA). It should close above $1300 for further upside.
It is good to buy on dips around $1260-$1262 with SL around $1250 for the TP of $1285/$1292/$1300


FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: AUD/USD eases as investors await U.S. employment figures
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: GBP/AUD eases slightly, focus on near-term support
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro- Major Pair levels and bias summary
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Crypto levels and bias summary
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve 



