NEW YORK, May 11 (Reuters) - New York gold futures edged down in mixed trade on Monday, whipsawing between selling pressure related to a financial market sell-off and technical buying. For the latest detailed report, click on [GOL/]. GOLD * Gold for June delivery GCM9 down $1.10 at $913.80 an ounce at 11:16 a.m. EDT (1616 GMT) on the COMEX division of the New York Mercantile Exchange. * A narrow range, from $908.80 to $918.40. * Gold futures pressured by weakness from a broad-based pullback of financial markets, but technical buying should provide underlying support - traders. * June futures limited further losses in spite of better economic sentiment amid decline in U.S. stocks. S&P 500 index was down over 1 percent following last week's rally. * Gold largely ignored news that the White House raised its forecast for the U.S. budget deficit for this year by $89 billion, reflecting the recession, a raft of new unemployment claims and corporate bailouts. [ID:nN11526758] * Gold prices still appeared "very expensive" in historical terms relative to the grain market - Dennis Gartman, independent investor and publisher of the Gartman Letter. * A break above $947 would mean that gold broke above the downward trend-line within its "cup-with-handle" technical pattern, suggesting higher prices will follow - Adam Sarhan of TheSarhanAnalysis.com. * Noncommericial net long positions rose slightly to 129,991 lots, while open interest dropped 0.5 percent to 341,461 lots in the week up to May 5 - CFTC report. * Gold/oil ratio rose to 15.77, higher than its previous session. * COMEX estimated 10 a.m. volume at 36,083 lots. * Spot gold traded at $913.65 an ounce, down 0.3 percent from its late Friday quote in New York. * The London afternoon gold fix was $913.00 an ounce. SILVER * COMEX July silver SIN9 down 1.50 cents at $13.940 an ounce, tracking gold's weakness. * Ranged from $13.680 to $14.035. * COMEX estimated 10 a.m. volume at 7,677 lots. * Spot silver was at $13.91 an ounce, down 0.5 percent from its previous finish. * The London silver fix at $13.900 an ounce. PLATINUM * NYMEX July platinum PLN9 down $24.40, or 2.1 percent, at $1,122.70 an ounce as a weaker stock market dampened the outlook for autocatalyst demand. * Spot platinum at $1,145.50 an ounce, down 2.7 percent from its late Friday quote. PALLADIUM * June palladium PAM9 down $5.80, or 2.1 percent, at $236.50 an ounce on profit taking after last week's solid gains. * Spot palladium was at $234.00 an ounce, down 2.1 percent from its previous finish. (Reporting by Frank Tang)

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