- Gold jumped almost $15 after US fed monetary policy. The yellow metal hits high of $1335 and shown a minor decline from that level. The main reason for jump is due to slight weakness in US dollar. DXY has declined sharply after hitting high of 90.45 (55- day EMA) and it is trading at 89.62.
- US fed has hiked interest rates by 25bpbs and maintains its stance of three rate hike this year .US dollar declined sharply after slightly less hawkish stance by US fed. . Fed has upgraded US economic projection and signals faster pace in 2019.
- The yellow metal has taken support near $1307 and shown a huge recovery till $1335. Any decline below $1320 will drag the yellow metal till $1313/$1307. Major support is around $1307 and any violation below will drag the gold down till $1303 (100- day MA)/ $1289 (200- day MA).
- The near term resistance is around $1335 and any break above will take the yellow metal till $1341/$1345. Short term bullish continuation only above $1341.
It is good to buy on dips $1325-26 with SL around $1319 for the TP of $1340/$1345.


USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major European Indices 



