- Major resistance - $40 (trend line joining $41.85 and $41.22)
- Major support - $38
- The commodity has made a slight jump till $40.01 at the time of writing and slightly declined from that level. It is currently trading around $39.94.
- On the lower minor support is around $39.35 (55 day 4H EMA) and any break below targets $38.90/$38.
- Any break or close above $40 will take the commodity to next level till $41.20/$41.85.
- Further bullishness can be seen if it breaks above $41.85 (temporary top) level.
It is good to buy at dips around $39.60-70 with SL around $38.90 for the TP of $41.22/$41.85


FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro:' USD/CAD faces downside risk below 1.4000
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report 



