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AUD and Gold extend gains

CROSS ASSET
  • AUDUSD has broken its 105 pips, 6 days range to the upside, underpinned by the better job report overnight, but extending with the Risk On tone.
  • Immediate resistance comes at 0.6735 50-day EMA.
  • The Dollar is now mostly in the red in G10s, and Gold is firming, leading the metals higher, helping Silver and platinum back towards session highs, Palladium lags.
  • Main resistance for Gold is at $2032.7, the April high and the highest print since 9th March 2022.

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