- Gold has slightly retreated after making high of $1282 on revived rate hopes expectations.
- Atlanta Fed President Dennis Lockhart said on Tuesday that he still assumes there will be two to three rate hikes and Dallas Fed president said he will push for rate hike in Jun or Jul.
- The rate sensitive year yield hits three week high on 0.835%.
- Gold is currently trading around $1275. Short term trend is still weak as long as resistance $1289 (May 16th High).
- On the lower side major support is around $1265 (21 day MA) and any break below targets $1255/$1242.
- Gold faces resistance at $1283 and break above targets $1289/$1295/$1303.
It is good to sell on rallies around $1275-$1278 with SL around $1289 for the TP of $1265/$1255


FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD steadies ahead of ECB meeting
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro-Major European Indices
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Woodies Pivot(Major)
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 



