FXstreet.com (Barcelona) - Australian Dollar recovery from Friday's low at 0.8545 has extended during Thursday's U.S. session to levels above 0.9300 to test 0.9320 (Nov 25 high) at the moment of writing, wth Gold Surging through all time highs.

The Aussie is on the upside, and, once above 0.9295 next targets, according to Rajoo C, technical analyst at Precise Trader, lie at 0.9330 and 0.9405: Hourly Trend is creeping higher expect the price to test the prior swing highs of 9330-9405 once 9295 gives way, 9225-05 are the critical levels to watch to maintain the bullish outlook.

Gold rally from $1,137oz low on Friday, has extended during Asian trading hours beyond $1,217oz to a fresh all-time high at $1.226oz, before a slight pullback to $1,212oz. At the moment of writing Gold moves at prices around $1,221oz.

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