We should see a mild retrace of price here, XAUUSD up over night...

We should see a mild retrace of price here, XAUUSD up over night and AUDUSD down from the 70c level. Be weary, NasDAQ green, this market still has some legs, albiet running out of breathe. Some weakness will come in equities over the next 2-3 days. Technical factors at play, if price retraces further, its due to capital re-allocation and sector rotation. Play defensive, we're not out of the woods yet