- Major intraday resistance -$1342 (200 HMA)
- The yellow metal has made a high of $1338 yesterday and declined from that level. It is currently trading around $1331.67.
- Gold is trading in very narrow range between $1338 and $1323.58 for the past three trading session.
- The intraday bias is slightly weak and it is trading below hourly Tenkan-Sen and Kijun-Sen.
- The major intraday support is around $1325 (trend line joining $1320 and $1323).
- Any intraday weakness can be seen only below $1325.break below targets $1316/$1309
- On the higher side, any violation above $1342 takes the yellow metal till $1357/$1365.
Indicators (hour chart)
CCI (50) – buy
ADX (14) - Buy
It is good to sell below $1325 with SL around $1333 for the TP of $1316/$1309


FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro- Major Pair levels and bias summary
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro- Major Crypto levels and bias summary
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: AUD/USD eases as investors switch focus to RBA
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data 



