Gold is down $17 or -1.32%
Gold is moving sharply lower (down about $17 or 1.32%) and copper is also giving up gains .
That has the commodity currencies moving to new session lows.
- The NZDUSD is moving to test last week's lows at 0.71405 and moves further away from the 100 day MA at the 0.72075 level.
- The AUDUSD is also moving away from it's 100 day MA at 0.7588 level. BE AWARE. The AUDUSD is testing a key trend line now at the 0.7550 level.
