FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
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FxWirePro- Major European Indices 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
- Gold recovered almost $35 from the low of $1204 made on Jul 10th 2017. The yellow metal jumped till $1238 and is currently trading around $1237.55.
- Euro jumped sharply and hits fresh 52 week high yesterday after rejection of Trump health care bill by two more republican senators. Republican senators Mike Lee of Utah and Jerry Moran of Kansas has opposed the health care bill and dollar collapsed sharply against all pairs.
- Gold’s near term support is around $1220 (10- day MA) and break below will drag the commodity down till $1207 (50% retracement of $1296 and $1122)/$1195. The yellow metal should break below $1180 for major trend reversal.
- On the higher side, in the daily chart minor resistance is around $1243 (55- EMA) and any break above will take the commodity till $1250/$1258.
It is good to buy on dips around $1230 with SL around $1219 for the TP of $1243/$1250.
