FXstreet.com (London) - Gold consolidated just above $1110 having finally bounced form a low of around $1109. Bullion flat so far on this session. XAU collapsed in US trade losing over $25 as market turned to risk aversion ahead of Chinese macro data, later today.
The Kiwi currently trades at 0.7229 against the Dollar, trending up from the open gaining 15 pips. Pair will likely consolidate in range later this session in the absence of major macro cues. Both AUD and NZD have gained points against greenback this session, despite golds disappointing performance in recent trade.
Should the pair continue to move to the upside take primary resistance as 0.7260, and for primary support at 0.7210 (consolidation previous session).