Gold prices edged higher trading sideways in a tight range. Prices where buoyed by a decline in the dollar versus the Euro. The greenback has enjoyed an 8-day rally, and continued to remain buoyed on Tuesday versus the yen. Yields around the globe ticked higher which helped the yellow metal following news that the BOJ reduced the volume of bonds purchase to target short-term yields. Gold prices continued to trade sideways, moving higher on Tuesday but remaining in a very tight range. Prices are forming a bull flag pattern which is a pause that refreshes higher. Short term support is seen near the 5-day moving average ... (full story)