For a long time the Aussie dollar (AUD/USD) has tracked gold and for good reason: Australia is a big gold producer.
The Aussie has been plunging nonstop since April 27 (and really, since hitting its high on Feb 28). It's been literally straight down without even the slightest bounce.
On the other hand, gold has rebounded a bit in the past two days. Looking at the relentless pummeling the aussie continues to take, I believe the gold market will start to head lower very soon.