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Well Defined Technical Lines Remain Untouched

GOLD

Gyrations in the yellow metal continue to be driven by a combination of the broader USD and U.S. real yield dynamics, with Monday's sharp pullback retracing. Bulls still need to force a break above the psychological $1,900/oz level, with spot last dealing little changed around the $1,890/oz mark. The key technical lines in the sand are much further away and remain untouched.

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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