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Sticking Within The Lines


Bullion holds a tight range in Asia-Pac hours, with an eye on the USD and broader risk sentiment, after USD gyrations drove gold prices on Wednesday. Spot last dealing just shy of $1,890/o, little changed on the day, after a brief and shallow show above $1,900/oz on Wednesday, although the technical picture hasn't really changed, as bulls failed to launch an attack on the well-defined initial resistance level that we have been flagging for some time.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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