Gold is trading slightly lower in European session after a minor recovery till $1511. The yellow metal hits low of $1500.35 and shown a jump after US final GDP q/q. It shows the US economy is growing slowly in the second quarter and came at a 2% annual pace from Apr to June. It is currently trading around $1506.50.
US 10-year yield lost nearly 0.80% after the data and is currently trading at around 1.697%. Any break below 1.684% confirms further weakness.
Major intraday support to be watched -$1500 and any break below targets $1489/$1475 (55- day EMA MA)/$1469.Minor weakness only below $1469.
Resistance -The yellow metal is facing strong intraday resistance around $1512 and any break above targets $1525/$1540.
Additional Levels
$1445 (38.2% fib)
$1414
$1390 (38.2% fib)


Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: GBP/USD rises as soft US data pressures dollar
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Pair levels and bias summary 



