- Gold is showing a decline after forming temporary top around $1258.89. The yellow metal declined till $1244 and is currently trading around $1245.
- Market await US Fed monetary policy for further direction. U.S 10 year jumped highest in four months ahead of U.S Fed meeting. U.S 10 year yield jumped till 2.33% from 2.23%.
- Technically gold has formed doji in the daily chart and is trading weak for second consecutive day. A dip till $1230 (200- day MA) is possible.
- Gold’s near term support is around $1238 (10- day MA) and break below will drag the commodity down till $1230 (200- day MA)/$1207 (50% retracement of $1296 and $1122)/$1195. The yellow metal should break below $1180 for major trend reversal.
- On the higher side, in the daily chart minor resistance is around $1243 (55- EMA) and any break above will take the commodity till $1250/$1258.
It is good to sell on rallies around $1250 with SL around $1260 for the TP of $1238/$1230.


FxWirePro- Woodies pivot (Major)
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD eases as investors await U.S. employment figures
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major) 



