Gold is lower in Asia-Pac trade on Tuesday,....>

GOLD: Gold is lower in Asia-Pac trade on Tuesday, last down $2.95 at $1,337.29,

but off lows of $1,334.84 hit earlier in the session. Gold has been pushed lower

as US yields punch above 2014 highs, the 10-Year yield briefly touching 2.73%.

This rise in yields helped push USD higher and bring the dollar index further

off 3-Year lows.

- The market looks ahead to the State of the Union address from US President

Trump later today at 2100ET (0200GMT), and the FOMC Rate Announcement on

Wednesday.

- MNI tecnical analysis sees support at $1331.2 - Low Jan 23, 21-DMA, resistance

is seen at $1345.5 - Hourly resistance Jan 29. The lack of topside follow

through on last week's 2018 high remains a concern for bulls and leaves gold

looking a little heavy. Daily studies correcting are also weighing. Bears now

look for a close below the 21-DMA to shift initial focus to $1302.5-1305.6.

Initial resistance is noted at $1345.5 but bulls need a close above $1352.3 to

gain breathing room and above $1374.9 to confirm focus on $ $1391.8-1433.3.