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The precious yellow metal followed a decline...>

GOLD
GOLD: The precious yellow metal followed a decline from the overnight sessions
into Asia after slightly hawkish comments from Fed Yellen who said inflation
uncertainties call for gradual rate moves but hiking too slowly risks an
overheated labour market, investors began to creep away from the safe havens and
gold saw it's lowest levels in 2 weeks at $1289.53 during Asia, since then it
has creeped up last $0.95 to $1294.93 after comments from Trump whereby he said
the U.S is 'totally prepared' for second option of military action on N. Korea
but stated this would be 'devastating.'
- The gold market will now look ahead to the U.S tax reform where tax cuts are
anticipated.
-MNI technical analysis sees support at $1290.1 - Hourly support Sept 27 and
resistance at $1304.6 - Alternating daily support/resistance.

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