Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00 
FxWirePro- Woodies pivot (Major) 
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities 
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
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 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
The major three factors that drive gold prices
US dollar Index: Bullish. DXY has jumped sharply yesterday and has broken trend line resistance at 95.95. it is hovering around that level. The near term intraday trend reversal level is around 96.16 and any break above targets 96.32/97. It should break above 97 for further bullishness. ( Slightly negative for gold).
USD/JPY: weak . The pair was trading volatile yesterday and shown a minor recovery after hitting low of 111.95. Any further weakness cane be seen below 111.50. The near term resistance is around 112.78 and any break above targets 113/113.48. Slightly negative for gold.
US 10 year yield : US 10 year yield is trading slightly lower after hitting high of 3.218% yesterday.It is currently trading around 3.17%. Negative for Gold.
US 2 year yield: It shown a minor recovery around 2% till 2.912% .The spread between US 10 year and 2 year has increased from 22bpbs to 31bpbs.
Gold technical
Major support $1183
Major resistance - $1217
The yellow metal is trading flat after hitting low of $1220. Global stock market has shown a minor sell off yesterday. But US dollar is trading higher and putting pressure on yellow metal.
On the higher side, any break above $1234 (200- WMA) will take the commodity till $1240/$1265 .It should close above $1265 for bullish continuation.
The near term support is around $1217 (89- day EMA) and any violation below will drag the commodity down till $1211/$1204.
It is good to buy on dips around $1217 with SL around $1210 for the TP of $1234/$1240.
