Gold was trading lower and lost more than $30 yesterday on a strong US dollar. DXY gained sharply and jumped more than 70 pips from a low of 98.36. The index is struggling to hold above 99 levels and any break above 99.35 confirms bullish continuation. The yellow metal hits low of $1500 and is currently trading around $1510.
US 10-year bond yield recovers more than 6% and is currently trading around 1.70%. The spread ah slightly widened to 3.6 bps from 2 bps. Markets eye US final GDP q/q and Fed member Clarida speech for further direction.
On the flip side, major support is around $1480 and any violation below will drag the gold till $1462 (23.6% fib)/$1440.
The near resistance is around $1540 and any minor bullishness can be seen above this level. Any break above targets $1555. Major bullish continuation only above $1555.
It is good to buy on dips around $1500-01 with SL around $1480 for the TP of $1540/$1555.


NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Pair levels and bias summary
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/AUD bears maintain upper hand 



