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Gold is hovering around unchanged levels,......>

GOLD
GOLD: Gold is hovering around unchanged levels, last $1,288/oz.
- Lower U.S. yields and increased monthly bullion purchases from China in
January did little to support the yellow metal on Monday.
- The technical picture remains constant in that bears are looking for an
extension below the January 21 low, while bulls need to regain $1,300/oz and the
50-DMA before setting their sights higher.
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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