Gold Prices Pass Key Technical Resistance, AUD/USD Tries Bullish Breakout 

– Gold prices surged 8% since October, surpassing $2,000 and the 200-day moving average, indicating a bullish trend.

Confirmation of upward momentum requires a decisive move above $2,010/$2,015 resistance, potentially leading to a rally to $2,060 and $2,085. 

Downside rejection may find support around $1,980-$1,975, stabilizing or retreating towards the 200-day moving average at $1,950. 

AUD/USD surpassed its 200-day moving average, nearing resistance at 0.6600-0.6620; an overbought RSI suggests a potential slowdown. 

A break above 0.6600-0.6620 could rejuvenate bulls, pushing prices to trendline resistance at 0.6670 and potentially 0.6815. 

If sentiment favors sellers, primary support for AUD/USD is at 0.6525, with further downside targets at the 100-day moving average and 0.6460. 

– Bulls must defend 0.6460; failure could lead to a pullback towards 0.6395 for AUD/USD.

Overall, gold exhibits a bullish trend, contingent on a breakthrough in resistance, while AUD/USD faces resistance at 0.6600-0.6620 with potential for both bullish and bearish scenarios. 

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