- Major resistance - $1335 (26th Jun 2016 high)
- Major support - $1317 (21 4H MA)
- Gold has recovered sharply till $1330 at the time of writing after the Mark Carney hinted that the BOE could ease monetary policy later this summer.
- Gold has declined till $1315 yesterday and jumped sharply from that level. Short term trend is bullish as long as support $1315 holds.
- On the lower side, any break below $1315 will drag the commodity down till $1305 (Jun28th 2016 low)/$1290.
- Technically Gold should break above $1335 for the continuation of upside movement. Any break above $1335 will take the yellow metal to next level $1358/$1372/$1392 (161.8% retracement of $1358 and $1304) level in the short term.
- Overall bullish invalidation only below $1200.
It is good to buy above $1335 with SL around $1315 for the TP of $1358/$1372/$1390.


FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro- Major Pair levels and bias summary
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro- Major Crypto levels and bias summary
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro: EUR/AUD slips after surprise U.S. employment data 



