The longer term downtrend is expected to resume soon. What is unclear is whether or not weakness resumes before a push above .7275. A push there .7275 could complete a complex correction from .60. If the AUDUSD does exceed .7275, then there is potential resistance at .7566; the 100% extension of the rally from .6005-.7275.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
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