The rally on Gold has, at least, paused and the metal pulled back to the key $1,900 level that has been our focus and this was despite the US$ remaining range-bound. This trend line breakout came with a great short term trade signal as well.

Data: Watch today with the RBNZ rate update and US CPI data.

Earnings:

DXY 4hr: still range-bound on low momentum and in the 4rh Cloud:

Trend line breakouts:

Gold: has pulled back to the key $1,900 level that has been in our focus.

Gold 4hr from my weekend update:

Gold 4hr: note the pullback to the $1,900 level for a b/o move worth up to $115. Watch this level for any new make or break as a hold above this level would  suggest that the current uptrend is still intact:

Gold 15 min: this TL b/o gave a great short term b/o signal for up to 5R:

USD/JPY 4hr: a new TL b/o so watch 106.50 for any new breakout:

ASX-200 4hr: this TL b/o gave up to 140 points before reversing under the recent High:

Other markets:

S&P500 4hr: stalling under the 3,400 level:

EUR/USD 4hr: consolidating near that major 13-year trend line on declining momentum but looking more like a Bull Flag:

NZD/USD 4hr: consolidating near the 7-year trend line ahead of today’s RBNZ rate update: