A further decline to the downside as expected has been seen on Gold as of today as we should expect all week. Who knows if the buyers would be interested in buying some gold at 1 ounce for 1600USD. Until then fingers crossed.
I see a forthcoming bear momentum, its all a matter of time now and the bears will be in total control of the market.
AUDUSD might have suddenly have gotten tired of falling, a lot of profit taking from that zone WHATS NEXT??? They would be bullish momentum to that upside, to the trendline area which also happens to be the 0.618 fibonacci level, this is enough confluence to later complete the overall bearish movement on AUDUSD. FINGERS CROSSED
If XAUUSD doesn't break its current resistance, then we'd be seeing a further decline to the downside
A massive sell in this Pair in the coming weeks,My thoughts