Gold prices rose after mixed manufacturing and services data out of China.
- The Chinese Manufacturing Purchasing Managers' Index (PMI) eased from 49.7 in December to 49.4 last month, the lowest reading since August 2012.
- A separate manufacturing PMI run by Caixin and Markit came in at 48.4 in January, up from 48.2 in December.
- XAU/USD is currently trading around major resistance at $1122.00 levels.
- Pair made intraday high at $1122 and $1115.31 levels.
- A break above $1122 levels may drag the parity towards $1127 and $1132 level thereafter. In long run $1152 level can be seen.
- On the other side, support levels are seen at $1117, $1112 and $1102 levels.
We prefer to take long position on XAU/USD around $1120, stop loss $1108 and target $1132 levels.


FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro- Major Crypto levels and bias summary
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro- Major Crypto levels and bias summary 



