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

GOLD: In commodities, spot gold was closing near $1,308.10 per ounce, after

trading in a $1,305.28 to $1,313.78 range. Gold posted a high of $1,326.89

Tuesday.

- 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 ($1312.80) remaining an issue. The $1295.5

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

$1275.3-1282.9 where the 21-DMA is situated. While $1295.5 supports bulls remain

focused on $1337.4-1352.6 where Sept highs are noted. O/B daily studies are now

a concern for bulls.