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GOLD: Gold has been limited to a ~$5 range in Asian hours in the wake of the
volatility that was observed on Thursday, which was a result of the ECB MonPol
decision (and subsequent source report), U.S. CPI & trade war
- Participants looked through Trump's latest round of comments made during Asian
hours, with U.S. Tsy yields range bound and liquidity thinned by several
- Spot gold last trades at ~$1,497/oz, $2 or so lower on the day.
- The initial technical parameters are defined by support at $1,487.1/$1,484.6,
trendline support drawn off the May 30 low/Sep 10 low, with resistance seen at
$1528.3, the Sep 6 high.