12:15 GMT – CAD – Housing Starts

- Number of new residential buildings which began construction during the previous month.
- Released monthly, but in an annualized format.
- Figure is forecast to rise from last month to 127K from 118K.
- Could have a positive impact on the CAD if forecast is accurate.

Gold Tips:

- Gold prices just breached the lower border in the recent uptrend.
- If prices hit $950, a downtrend may occur – target $940.
- If prices fail to go below $955, price may rebound upwards and continue trend – target $990.

Crude Oil Tips:

- Crude Oil prices are in a steady uptrend.
- Price has begun larger fluctuations, but continues to range-trade.
- Today’s low and high price may be near $68 and $70, respectively.