Trial now
AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

Biden Losing Support On COVID-19 Strategy: Poll

AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Gold has stuck to a narrow range in Asia, with spot last dealing little changed, just above $1,790/oz. Wednesday saw an incremental breach of Tuesday's low, but gold never threatened to test key support in the form of the Nov 3 low ($1,759.0/oz), with our weighted U.S. real yield monitor pulling back from best levels of the day (as the cash Tsy curve twist flattened), allowing bullion to recover from worst levels, while consolidating below the $1,800/oz marker. A quick reminder that broader markets will be thinned out for the remainder of the week, owing to the Thanksgiving holiday in the U.S.