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.


FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro: EUR/NZD remains under pressure as key support gives way
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: GBP/USD stuck in range but maintains bearish bias 



