In commodities, spot gold was closing near.....>

GOLD: In commodities, spot gold was closing near $1,285.75 per ounce, after

trading in a $1,274.74 to $1,287.92 range.

- On June 6, the precious metal posted a high of $1,296.15, but then stalled,

creating a double-top with the $1,295.56 high seen April 17. Subsequently, gold

moved lower as U.S. Treasury yields and the dollar recovered, bottoming July 10

near $1,204.90.

- OUTLOOK: Support emerging ahead of the 21-DMA Tuesday has provided the base

for a move that has taken out $1280.8 with immediate focus now on 2017 highs.

Layers of support continue to build with bears needing a close below $1270.0 to

confirm an easing of bullish pressure and to shift focus back to $1253.3-1256.6

where key DMAs and the daily bull channel base are situated.