Little Changed After Post-NFP Move Higher

The post-NFP move lower in U.S. real yields and the DXY has mostly held during Monday's Asia-Pac session (at least if we use our weighted U.S. real yield monitor for the former), leaving gold little changed, just shy of $1,820/oz in spot dealing, after Friday's uptick. Bulls are squarely focused on the Sep 3 high/bull trigger ($1,834.0/oz), while bears need to take out the Nov 3 low ($1,759.0/oz) to reassert themselves. The upcoming raft of Fedspeak (including Chair Powell & Vice Chair Clarida on Monday) provides the immediate area of focus, with Wednesday's U.S. CPI release also eyed.