Immediate resistance can be seen at 1.2047(23.6%fib), an upside break can trigger rise towards 1.2065(Higher BB).On the downside, immediate support is seen at 1.1939 (38.2%fib), a break below could take the pair towards 1.1849(50%fib). Immediate resistance can be seen at 1.3848(38.2%fib), an upside break can trigger rise towards 1.3889(Higher BB).On the downside, immediate support is seen at 1.3691(38.2%fib), a break below could take the pair towards 1.3572(50%fib). Immediate resistance can be seen at 154.14(50%fib) an upside break can trigger rise towards 156.36(38.2%fib) .On the downside, immediate support is seen at 152.09(50%fib) a break below could take the pair towards 151.28 (Lower BB). Gold surged to a fresh record near $5,600 on Thursday on safe-haven demand, while silver hovered just below $120. Spot gold shot up 2.6% to $5,538.69 an ounce by 0349GMT, after hitting a record $5,591.61 earlier in the day.