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Gold continues to operate in familiar..........>

GOLD
GOLD: Gold continues to operate in familiar territory, last trading virtually
unchanged at $1,310/oz. Bulls still look for a close back above the March 21
high to open the way higher. Bears will be pleased by the close below channel
base support on Wednesday, and they now target a close below the 50-DMA and
38.2% retracement of the move from $1,280.94 to $1,324.63. This would open up
the 21-DMA & Mar 21 low.
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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