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

GOLD
GOLD: In commodities, spot gold was closing near $1,290.10 per ounce, after
trading in a $1,282.84 to to $1,291.48 range.
- On August 18, gold vaulted various old highs from August and a double-top near
$1,296 from June and April to take out the psychological $1,300 mark to post a
high near $1,300.92 before backing off. Since then, gold has topped out in the
$1,290-$1,294 area each day.
- A decisive close above $1,300 will target $1,337.38, the high seen Nov. 9, in
the wake of the U.S. election. The 2016 high was $1,375.34, seen July 11.
- OUTLOOK: Fresh 2017 and 10mth highs Friday lacked follow through but bounces
ahead of $1277.7 see bulls reconfirming dominance and pressure remain on 2017
highs. The $1267.5-1277.7 support region remains key. Bears need a close below
$1277.7 to ease bullish pressure and below $1267.5 to shift initial focus to 55
& 100-DMAs ($1254.9-1257.6). Bears initially look for a close below $1286.6 to
gain breathing room.

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