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Consolidating

GOLD

The softer DXY and lack of net movement in U.S. real yields witnessed over the last 24 hours or so have combined to leave bullion little changed over that horizon, with spot last dealing just above $1,840/oz, consolidating the gains witnessed in recent sessions. Bulls now look to the 50-day EMA as the next point of technical resistance.

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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