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Still little to report for the yellow metal....>

GOLD
GOLD: Still little to report for the yellow metal after technical support was
respected on Tuesday, with the tight recent range holding in. Gold last deals
little changed around $1,278/oz.
- Bears continue to look for a move below uptrend support (noted at $1,277.37
today). Continued failure to retrace below trend support would confirm a recent
false breakout and allow bulls to focus on $1,300, although the 50-, 55- &
100-DMAs provide resistance ahead of the psychological level.
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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