The precious yellow metal gapped on the Asia...>

GOLD: The precious yellow metal gapped on the Asia open today to open higher

than Friday's overnight session close at $1298.17, currently down $3.64 at

$1293.66, gold traded higher on Friday after Kim Jong-Un's threat of a hydrogen

bomb test but following no action over the weekend gold has come lower in the

Asia-Pac session. Gold dipped to come back up on the session after Trump

revealed he added N. Korea to the list of 8 countries banned from the U.S.

- There are still currently adverse weather conditions presenting problems

across the globe, a volcano is predicted in Bali and Hurricane Maria killed 25

in Puerto Rico.

- Fed talks in the coming week, kicking off tomorrow with Fed Dudley, Fed Evans

and late on Fed Kashkari are likely to cause cautious trade in gold.

-MNI technical levels see support at $1288.0 - Low Sept 21 and resistance at

$1304.6 - Low Sept 18 now resistance, resistance noted at $1304.6 with bulls

needing a close above to ease immediate bearish pressure and above $1320.0 to

shift focus to $1334.8-1342.1.