Gold prices are again slightly lower in early U.S. trading Wednesday. A dearth of bullish fundamental news recently, a strong U.S. dollar and a bearish chart posture are keeping gold prices on the defensive. Some chart consolidation is also evident this week. A heavier docket of U.S. data Wednesday could move the markets, but probably not significantly. February Comex gold was last down $2.00 at $1,195.80 an ounce. Spot gold was last down $5.60 at $1,196.00. March Comex silver last traded up $0.004 at $16.615 an ounce.
