FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: AUD/USD cedes early gains ,outlook bearish 
FxWirePro- Major Pair levels and bias summary 
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro- Major Crypto levels and bias summary 
Gold is trading slightly weak and lost more than $15 from high of $1243.It is trading slightly below 10 day MA on account of strong US dollar.
The major three factors that drive gold prices
US dollar Index: Bullish. DXY has recovered slightly after a minor dip till 96.29. The index jumped till 96.86 and started to decline from that level. It is currently trading around 96.67. The near term major resistance is around 97 and any break above targets 98/98.45 ( Slightly negative for gold).
USD/JPY: weak . The pair has recovered more than 100pips from low of 111.17 and is currently trading around 112.70. The near term resistance is around 112.91 (20- day MA) and any break above targets 113.48/114. Slightly negative for gold.
US 10 year yield : US 10 year yield is trading slightly higher and jumped nearly 2% from low of 3.05%.It is currently trading around 3.10%. Slightly negative for Gold.
US 2 year yield: It is trading slightly higher after hitting low of 2.782%.The spread between US 10 year and 2 year has reduced from 33bpbs to 27bpbs.
Gold technical
Major support $1183
Major resistance - $1240
The yellow metal has declined almost $15 after hitting high of $1243 on account of strong USD .On the higher side, any break convincing break above $1240 will take the commodity till $1265 .It should close above $1265 for bullish continuation.
The near term support is around $1223 (89- day EMA) and any violation below will drag the commodity down till $1211/$1204.
It is good to buy on dips around $1225-26 with SL around $1218 for the TP of $1250/$1265.
