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

GOLD: In commodities, spot gold was closing near $1,309.60 per ounce, after

trading in a $1,305.11 to $1,326.89 range.

- This week's decisive closes above $1,300 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: The lack of follow through on fresh 2017 and 10mth highs is a concern

for bulls with the Bollinger top ($1309.15) remaining a concern. The $1295.5

support is key today with bears needing a close below to shift focus back to

$1275.3-1280.9 where the 21-DMA is situated. While $1295.5 supports bulls remain

focused on $1337.4-1352.6 where Sept highs are noted. Initial resistance is

noted at $1312.3 with bulls needing a close above to gain breathing room.