- Gold jumped sharply till $1188 yesterday after the U.S jobs data. The yellow metal shown a slight decline till $1166 after better than expected U.S NFP jobs data. But not able to hold at lower levels the yellow metal jumped till $1188.
- The bullion market has once again declined in the morning Asian session after Italy PM resigns after Sunday referendum.
- The yellow metal‘s upside is capped by 10- day MA ($1188) and any break above targets $1200.Any indicative break above $1200 targets $1210 (23.6% retracement of $1337 and $1171.07)/$1221.
- On the lower side, any break below $1160 will drag the commodity down till $1147/$1130 level.
It is good to sell on rallies around $1185-$1188 with SL around $1200 for the TP of $1160


FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
FxWirePro: EUR/AUD eases as market awaits Iran deadline
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro- Major European Indices 



