 Markets are generally quiet today, with a near empty European calendar and US holiday. Major European indexes are recovering slightly but lack follow through buying. Gold and oil are staying in tight range. In the currency markets, Aussie and Kiwi recover mildly while Dollar, Yen and Euro are the softer ones. But with the exception of some Kiwi pairs, most major pairs and crosses are stuck inside Friday's range. Technically, Gold's price actions have been very indecisive recently. But bearish bias is maintained as it's staying comfortably below falling 55 day EMA (now at 1866.60). Break of 1804.96 minor support should resume the larger fall from 2070.06 through 1786.65 low. 61.8% projection of 2070.06 to 1786.65 from 1878.92 at 1748.16 could be the place where the five-wave sequence ends. In Europe, at the time of writing, FTSE is up 1.33%. DAX is up 0.48%. CAC is up 0.22%. Germany 10-year yield is up 0.043 at 1.701. Earlier in Asia, Nikkei dropped -0.74%. Hong Kong HSI rose 0.42%. China Shanghai SSE dropped -0.04%. Singapore Strait Times dropped -0.05%. Japan 10-year JGB yield rose 0.0002 to 0.233. | 
