Gold prices put in their biggest weekly gain in over a year last week, fresh on the heels of a critical test of support. Can Gold bulls continue to drive?
The US Dollar is grinding in a range and the Yen is threatening to break out. US data remains on the cards for tomorrow and next week brings Non-farm Payrolls.
The US Dollar is bouncing from a support test ahead of tomorrow’s FOMC rate decision. EUR/USD carries breakdown potential as AUD/USD aims for recovery.
Gold prices put in their first green week since early-June after running into a major spot of support. But, price has already started to test resistance and this week’s economic calendar is loaded.