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Still Coiling

GOLD

Bullion continues to stick to the confines of the recent range, with the latest richening of U.S. Tsys/downtick in U.S. real yields and DXY softness supporting gold over the last 24 hours, although bulls haven't been able to force a test of resistance in the form of the April 8 high & 50-day EMA. Spot last deals little changed around the $1,745/oz mark.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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