FXstreet.com (Barcelona) - After crashing the $1,108 resistance and falling below the $1,100 key level, the XAU/USD has found support at $1,097.50 with the pair bouncing to test the MA55 and MA200 hourly chart zone between $1,105 and $1,106. Currently the metal is moving around $1,103, falling 0.30% so far today from opening price at $1,104.
Gold fell on the back of speculations that Dollar advance could push bearish pressure to the metal, specially after the US data released today showed that US economy is gaining traction.
AUD/USD has retreated to trade close to 0.8960 during the American session after reaching 1-week high at 0.8990. As well as NZD/USD, the Kiwi is trading on consolidation mode close to 0.7200 after hitting daily high at 0.7212.