Gold prices are steady to slightly higher in early U.S. trading Tuesday. Some more technically related selling pressure is featured following Monday’s losses. However, bargain hunters have stepped in to buy this latest dip in prices. A lack of fresh, bullish fundamental news for gold this week is allowing the chart-based traders to become emboldened sellers. Thin trading conditions this week are exacerbating price moves in many markets, including gold and silver. February Comex gold was last down $0.60 at $1,179.20 an ounce. Spot gold was last up $2.20 at $1,177.50. March Comex silver last traded up $0.092 at $15.775 an ounce.
