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Support Still Evident In Asia

GOLD

The DXY saw a small extension through yesterday's lows in Asia, which, when coupled with a steady U.S. yield environment, allowed bulls to add a handful of dollars to yesterday's gains. Spot last deals at ~$1,820/oz after yesterday's convincing break through $1,800/oz. Bulls now target the Feb 12 high at $1,830.8/oz, with today's U.S. NFP print providing the headline risk event ahead of the weekend.

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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