Gold indicating a break higher as a retest of its 200 day proves successful. For the moment anyway. Support sits at $1859.765 with minor resistance at $1875.37 and target at $1890.97.
Plenty of grains of salt required.
Daily on the $USD indicating the steep reversal from yesterdays spike as it remains above its 50 day.
10 year yield doing very little overnight as 50 basis points remain priced in.
$aud charging up to its 200 day with risk on gaining momentum albeit with credit markets lagging??
The DOW with a big upside reversal and looking to get higher.
gold, page-109821
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