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The yellow metal edged higher, and managed.....>

GOLD
GOLD: The yellow metal edged higher, and managed to breach Friday's high that
came about on the back of USD weakness, despite the broader risk-on flows,
although the precious metal stuck to a tight range.
- From a technical perspective, the recovery from the August 16 panic low
($1160.4) continues with the August 14 high ($1198.8) the next level of
resistance to overcome before the key 21-DMA ($1208.3) can be challenged.
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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