On the back of renewed optimism that ECB may announce unlimited government bond buying. Gold’s just notched a day’s high of 1711.80 as the metal also hits fresh 6 month highs.
Next levels of resistance, should the move continue, is up around the $1750, with tech support now moving up to around $1687.50 and $1675.00
The moves also helping shore up the AUD/USD which is nudging iup against some downward trendline rersistance from the Aug 23 highs around 1.0240/50. Day’s high so far has been 1.0249.