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Bulls In Charge?

GOLD

Thursday's fall in U.S. real yields allowed bulls to capitalise, pushing spot through technical resistance. Gold has edged back from Thursday's peak, with U.S. real yields off of lows, but the technical picture is now more positive. Spot last deals little changed, just shy of $1,765/oz, with bulls now looking to force a test of resistance at $1,775.9 oz (the Feb 26 high).

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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