Gold - Capped by upper trend channel
Short here is a major risk but short term upside may be limited
Of course any political commentary can always propel AU through this resistance and form a new inverted channel
USDCAD is presenting a couple of very different senarios at this moment in time
Look to US economic activity/Interest rates for indicators
or flip a coin for bets at this stage
GOLD - Bull Flag / Trendline Break ??
If this trendline does not hold, looking for a bounce off lower bull flag support and retest of underside of rising trendline
1240 looking like first target
WTI bearish reversal candle @ 64.70 threatens trend
A break lower and next ST support level we would be looking for 61.80
Below that 60.00 @ the 200ema may find support
