The price of gold stands at risk for a larger pullback as the Relative Strength Index (RSI) falls back from overbought territory and flashes a textbook sell signal.
EURUSD searches for support ahead of the US Non-Farm Payrolls (NFP) report as the Federal Reserve tames speculation for a rate easing cycle.
The Federal Reserve interest rate decision may fuel a more meaningful rebound in EURUSD as the central bank is widely expected to alter the path for monetary policy.
The RBA Minutes may do little to prop up AUDUSD ahead of the FOMC meeting as the exchange rate extends the series of lower highs and lows from the previous week.
Gold prices may continue to gain ground over the coming days as the Relative Strength Index (RSI) flirts with overbought territory.