FX: Commodities Gold seeks broader cues, no price action
FXstreet.com (London) - Gold is still trading firmly rooted around the $1110 mark. Only major cues or significant investor interest seem likely to pull gold away from this level. Jobs data out later this week should help players to gauge the state of the economy and future prospects.
Quoting at $1110.38 with day lows and highs no more than a couple bucks either side, gold look set to continue range trading and seek broader cues before moving into a new phase.