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AUDUSD TECHS

Bullish Price Sequence

EURJPY TECHS

Corrective Pullback

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Gold trades higher early this week, with the softer DXY aiding the bid after Friday's pre-NY sell off halted just above Thursday's low, leaving the previously outlined technical picture intact. Spot last deals the best part of $10/oz firmer on the day, just shy of $1,760/oz. Last week's low ($1,738.0/oz) protects the 76.4% retracement of the Aug 9-Sep 3 rally ($1,724.5/oz). While initial resistance is located at the Sep 22 high ($1,787.4/oz). A slew of Fedspeak, as well as the latest U.S. PCE and m'fing ISM surveys will garner most of the attention on the part of participants this week.