Gold is lower in Asia-Pac trade, the yellow....>

GOLD: Gold is lower in Asia-Pac trade, the yellow metal last down $0.95 at

$1,347.83, gold is flat on the week so far. Markets are looking ahead to the US

NFP figure at 1330GMT today, market consensus is for a gain of 180k in the

January print, but there are risks to the upside after a strong ADP print

earlier in the week.

- Yields rose in the US, the 10-Year yield last up 0.2bp at 2.792%, which helped

the support the dollar and put some pressure on gold. However the DXY is still

weak, down 0.4% on the week and headed for the 8th straight week of losses.

- MNI technical analysis sees support at $1335.5 - 21-DMA, resistance is seen at

$1352.3 - High Jan 29. After a lack of follow through on last week's 2018 high

bulls take comfort in support emerging on dips back to the 21-DMA. Bears look

for a close below $1331.2 to shift initial focus to $1302.5-1305.6. Initial

resistance is noted at $1352.3 with bulls needing a close above to gain

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