### The precious metal continues to feel.......>

GOLD: ### The precious metal continues to feel pressure following hawkish

comments from the Fed's Yellen. Initially the dollar was leading gold however

traders are now saying that has switched as investors have been caught off guard

by the move today. 

- The demand for gold after the North Korean missile test yesterday evening has

been somewhat of a surprise, an even bigger surprise has been that gold fell to

an intra-day low of $1282.12 with very little pullback.

- Traders have noted that the precious metal felt very uncomfortable close to

the $1300 psychological level, where solid resistance has been reported and

perhaps Bitcoin is better favored as a safe haven, with the cyber currency

printing record highs of $11,434.00 before fading.