Gold - Sell on rallies (US session)
Gold showed a minor pull back after US inflation data. It hits a high of $2524 after data and is currently trading around $2519.
US core PCE came in at 2.6% y/y below the forecast of 2.7%. PCE core - 0.20% m/m vs 0.20% expected.
The yellow metal is trading above 34 and 55 H EMA in the hourly chart ($2516 and $2517.80). The weakness can be seen only if it closes below $2500. A break below targets $2490/$2470 is possible.
US dollar index- It has gained more than 20 pips despite weak US PCE. Any close above 101.60 confirms minor bullishness.
The yellow metal faces minor resistance around $2525 and a breach above will take it to the next level of $2530/$2550.
It is good to buy on dips around $2509-10 with SL around $2499 for a TP of $2530.


EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Major Crypto levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD recovers some ground but bears are not done yet
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: USD/JPY edges higher but bulls lack punch
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/CAD bulls continue to hold the higher ground 



