Gold has shown a minor recovery of more than $10 after declining nearly $50 from high of $1440. The easing geopolitical tension and strength in the US dollar are putting pressure on the yellow metal. It hits low of $1381.68 and is currently trading around $1390.30
US dollar index has shown a good recovery and has broken 20- day MA around 96.78. This confirms minor trend reversal and a jump till 97/97.40 is possible.
US 10 year yield is trading in a narrow range between 1.97% and 2.069% for the past 1-week. The near term resistance is around 2.076% (20- day MA).
Technically, near term resistance is around $1398-$1400 and any break above that level targets $1410/$1425. Major bullish continuation only above $1440.
On the flip side, near term support is around $1375 (23.6% fib) and any break below confirms minor weakness and a dip till $1367/$1360 (20-day MA) is possible.
It is good to sell on rallies around $1393-94 with SL around $1402 for the TP of $1360.


FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Woodies pivot (Major)
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/AUD bears maintain upper hand
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro- Major Crypto levels and bias summary 



