The yellow metal traded higher on Tuesday but was underpinned by risk aversion as world equities remained volatile due to fears that global economy could fall into recession.The yellow metal declined towards 1187 in the early US session, before recovering to trade around 1194 levels.
- Any downside is expected to be limited around 1080 levels as the support level located at 1078 is likely to hold the bears from falling further below and bring a rebound back towards higher levels.
- To the upside, the strong resistance can be seen 1200, a break above this level would expose the commodity towards 1210 levels.
- To the downside immediate support can be seen at 1088, a break below at this level will open the door towards1077levels.
Recommendation: Go long around 1178, targets around 1200/1230, SL 1062
Support levels: S1-1088, S2-1077, S3-1070
Resistance levels: R1-1200, R2-1210, R3-1224


FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro- Major Pair levels and bias summary
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Woodies Pivot(Major)
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 



