AUD/USD remains very week and will likely return a visit to the 0.64 level sometime this week. Possible consolidation this week to allow higher frame Moving Averages to catch up.
For short on 4hr time frame wait for a retest of trendline and a retouch of 50 day MA.
4 Hr. sell zone 0.6445-0.6455
TP-0.6408
SL-0.6533
Current Gold short zone 1942-1945. look for confirmation to down side with the break and retest of current trendline. Falling RSI can be seen as another conformation of price decreasing.
Look for pull back to the 1.27 fib level on 30 min time frame. Possible sideways range between 1925-1940 for consolidation as price are far away from higher time frame moving...
