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On the overnight, gold held near 2-Year........>

GOLD
GOLD: On the overnight, gold held near 2-Year highs ahead of the release of Fed
meeting minutes. Fears for the efforts on tax reform faulting began to draw in
when U.S. Pres. Trump and top Senator Bob Corker engaged in a very public feud.
Other than meeting minutes, there is the ongoing N. Korean crisis which appears
to have supported a creep upwards at the start of Asia as the U.S. flew
strategic bomber planes over the Korean peninsula, coming down as news of that
quietened and the dollar strengthened.
- The yellow metal was last at $1287.74, down $0.29.
- MNI technical analysis sees support at $1285.1 - Hourly support Oct 10 and
resistance at $1292.7 - 21-DMA. Bulls again look for a close above $1296.4 to
shift initial focus back to $1313.6-1320.0. Initial support is noted at $1285.1
with bears needing a close below to gain breathing room with below $1277.6
needed to retain focus on $1242.0-1254.3.

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