Welcome to our daily technical analysis of the financial markets, focusing today on AUD/USD and Gold. Let's dissect the latest news, market trends, and crucial price levels to watch out for.

1. AUD/USD Analysis:

News Summary:
A latest report released by the National Australia Bank showed that Australia's business confidence index rose by 3 points to -2 points in September, and the business conditions index rose by 3 points to 7 points. Analysts believe there are early signs that Australian business conditions are bottoming out after two years of economic slowdown. Despite this, companies are still somewhat pessimistic about the outlook, and it will take time for business confidence to truly recover.

Trend Analysis:
We can see AUD/USD H4 level continues to fall and is far away from the 48 hours moving average. On the other hand, the MACD double line and energy column shrinks below the zero axis. The buy limit could be placed, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [0.6650]
Key Resistance Levels: [0.6800]
Pivot Points [0.6700]

 

2. Gold Analysis:

News Summary:
The dollar is hovering at its highest level in seven weeks, making dollar-denominated gold more expensive for investors holding other currencies. The yield on the 10-year US Treasury note topped 4% for the first time in more than two months on Monday, which means the opportunity cost of holding gold has increased, making it less attractive. A stronger US dollar is currently the short-term headwind against gold's record highs, but gold still has the potential to rise in the medium to long term.

Trend Analysis:
We can see gold fell from high level and ran below the 48 hours moving average. In addition, the MACD double line and energy column converge below the zero axis. The sell limit could be used, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [2579]
Key Resistance Levels: [2643]
Pivot Points [2630]