Trial now
GBPUSD TECHS

Corrections Remain Shallow

FED

Reverse Repo Operation, Inching Higher

PIPELINE

$1.5B Royal Bank of Canada 10Y Launched

COMMODITIES

WTI Remains Bullish, on Track for Cycle High Close

US TSYS/SUPPLY

2Y Auction ​Review: Small Stop

GOLD TECHS
GOLD TECHS: 200-DMA Caps, Bears Need Close Below 100-WMA
*RES 4: $1324.7 - 100-DMA 
*RES 3: $1319.2 - 55-DMA 
*RES 2: $1310.5 - Low May 10 now resistance 
*RES 1: $1307.4 - 200-DMA
*PRICE: $1291.6 @ 2130GMT
*SUP 1: $1287.4 - Low May 22 
*SUP 2: $1281.8 - 2018 Low May 21 
*SUP 3: $1280.6 - Bollinger band base 
*SUP 4: $1276.3 - 100-WMA
*COMMENTARY: Attempts to rally remain capped by the 200-DMA despite daily
studies correcting their O/S condition. Bulls still need a close above $1310.5
to confirm breaks of 21 & 200-DMAs and shift initial focus to $1319.6-1326.6
where 55 & 100-DMAs & the 21-WMA are noted. Bears continue to look for a close
below the 100-WMA ($1276.3) to target the 200-WMA ($1234.3).