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Gold paid more attention to the uptick in......>

GOLD
GOLD: Gold paid more attention to the uptick in the USD than the decline in risk
appetite overnight, and last deals around $1250/oz.
- Bears look for a close below the 200-WMA ($1234.0) to confirm breaks of key
supports and initially target $1204.5. Bulls now need a close above the 21-DMA
($1265.8) to return initial focus to $1272.6 where the 100-WMA is noted and
above the 100-WMA to target $1284.0-1292.1.
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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