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Gold added $2 to trade at $1295/oz. - Fresh....>

GOLD
GOLD: Gold added $2 to trade at $1295/oz.
- Fresh 2018 lows lacked follow through on Monday which is a concern for bears
give daily studies approaching oversold levels. In saying that, layers of
resistance remain with bulls needing a close above the May 01 low ($1301.5) to
gain breathing room and above the 200-DMA ($1306.9)to hint at a correction to
$1324.4-1332.6. While $1301.5 caps bears maintain focus on $1268.9-1277.5 where
the 100-WMA is situated.
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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