Gold is down again as the markets regain.......>

GOLD: Gold is down again as the markets regain confidence following the

hurricanes - Gold closed last week at $1346 and opened in Asia at around $1340,

now down further at $1328, down $18 in a couple of days. Sellers have seen the

opportunity as a result of lower than expected impacts of hurricanes across the

U.S. and approval from the UN Council of the U.S's proposed sanctions on N.

Korea.

-MNI technical analysis sees support at $1313.7 - High Aug 30 now support,

resistance is seen at $1331.4 - Low Sept 7 now resistance. Fresh 2017 and 12mth

highs lacked follow through Friday with bears taking comfort in the gapping move

lower Monday that eased bullish pressure and hints at a correction back to

$1294.6-1313.7 where the 21-DMA is located.