• Gold drops from $4665/oz to $4555/oz on Friday

• Follows sell signal where 55-DMA fell below 100-DMA

• USD index rises to 99.20 - highest since Apr 7

• USD index back above 55-DMA at 98.97

• 21-DMA set to rises over 100/200-DMAs - buy signal

• Apr-7-8 gap (99.52-98.92) may be filled

• EUR/USD sinks to 5-week low

• *

Gold


USD index


(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)