Aussie Gold Analysis

Gold priced in AUD

Spot Gold is having a rough time as price breaks support but Gold in Aussie dollar terms is looking better. We have seen a good rally in ASX Gold stocks and this may not be over if XAUAUD finds support on a continued move lower in AUDUSD. We are watching the action now for price to start finding some buyers and build some higher lows.

Commodity : XAUAUD

Current Price : 1663.20

Status : On watch for potential reaction up off 1237.50 zone