Spot Gold In Narrow Range; Momentum Bullish - UBS

Spot gold is stuck in a narrow range in cautious trade,
but intraday momentum is positive, according to UBS. Market focus is now on
resistance at $1,763.23/oz, a clearance of which would signal potential gains
above $1,800/oz. The market should be well-supported at $1,701/oz. Spot gold
trades up just 0.1% at $1,730.50/oz