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The yellow metal trades little changed at......>

GOLD
GOLD: The yellow metal trades little changed at $1,296/oz.
- Yesterday's initial round of risk-off flows allowed gold to have a look above
$1,300/oz in early NY trade, but follow through was once again found lacking
above the psychological level. The ensuing risk-on flows resulted in a close
below the 100-DMA, which will encourage bears, who now set their sights on the
nearby 50- & 55-DMAs
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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