AUD/USD flows: Another Euphoric Day for Metal

The rally in previous metal continues, with Gold up almost another 3% and Silver another 2%. While the key player is weakness in the USD, it is hard to neglect significant speculative interest. The parabolic gains will not go forever and is posed for a sharp correction at some point. Yet, fundamental supportive factors are going to see Gold catching bids in dips.

And understandably, Aussie is the big benefactor from soaring metal and soft USD. AUD/USD is trading 0.65% higher at 0.7086.