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FxWirePro- Major Pair levels and bias summary 
- Harmonic Chart pattern – Bullish Gartley pattern.
- Potential Reversal Zone (PRZ) - $1205.
- Gold is trading weak for the past nine trading session and declined almost $57 from the high. The yellow metal dipped till $1243.60 due to weak US dollar. It is currently trading around $1248.76.
- The yellow metal has formed potential Bullish Gartley pattern in the daily chart and major weakness can be seen below $1205.
- On the higher side, near term resistance is around $1250 and any break above will take the yellow metal to next level till $1257 (23.6% retracement of $1299 and $1243.80)/$1260.
- The near term support is at $1243 and any violation below will drag the metal to next level till $1237/$1232 (161.8% retracement of $1305 and $1260.45). Overall bullish invalidation only below $1200.
It is good to buy on dips around $1237-$1238 with SL around $1232 for the TP of $1250/$1260.
