Flash: Recent gains in gold viewed as corrective – TD Securities

Gold neared a stalling point as it approached short-term trend resistance amid heavily overbought oscillator signals, notes the TD Securities Team.
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AUD/NZD flat so far for the week above 1.1450

The AUD/NZD foreign exchange cross rate is last trading at 1.1463 bids, totally flat for the week so far, unchanged from previous weekly close Friday, around fresh 4.5-year lows printed last Thursday.
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