AUDUSD looking to stop the sell-off
 

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China’s growth could prove vital to the direction of the pair as we see out the remaining weeks of the year. Projections of higher GDP could boost demand for Aussie goods, especially if inflation remains stable as the figures are released this week. With the AUDUSD pair dropping over 100 pips this month, this would be a welcome relief, as 0.6400 is the next support, and a bullish outlook could send the pair above 0.6540.
 

XAUUSD falls on high bond yields
 

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Gold is looking to hold onto the psychological level of 4000 to attract more buyers as prices remain indecisive. The yellow metal remains more bullish in the medium term as attention turns to the end of the government shutdown and last week’s job numbers. With the biggest Non-Farm Payroll number in five months, Gold is not done yet, with a potential sell-off, with November’s low of 3950 as critical support and 4100 as the target higher.
 

The NAS 100 holding on
 

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The NAS 100 is looking ahead as rumours continue to circulate about the latest AI bubble. The weakness on Wall Street came as earnings season seemed to have fizzled, with the index dropping over 1% in recent sessions. However, all is not lost, as most tech companies are expected to exceed expectations heading into next year, which could push the major US indices to another move toward record highs, which could send the tech index towards 25600 with 24000 as a fresh support.

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