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AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

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AUDUSD TECHS

Slide Accelerates

LATAM

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EURJPY TECHS

Still Looking For Weakness

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  • Gold coming under some pressure alongside the US open, with spot prices slipping back below the $1,800 handle to expose first support at the 50-day EMA of $1776.1.
  • Recent weakness works against the positive short-term tone after gold cleared resistance at $1800.6, Oct 14 high. A break of $1760.4, the Oct 18 low would alter the picture and suggest scope for a deeper pullback.