gold

Comex Feb gold eyes more gains to $1754.8/oz following
this week's recovery off $1705.7, says Francis Bray, Dow Jones Chief Technical
Analyst For Europe. Resistance just beneath $1750.0 is proving a little more
difficult to break than expected, but while projected support at $1732.0
contains weakness, an upside break to the wave equality target at $1754.8 is
the $1754.8 target. A break below $1732.0 would question the positive outlook,
and loss of $1723.6 would put bears in control of the short-term, exposing
Tuesday's bull hammer candle low at $1705.7. Comex February gold is at
$1740.3/oz.