Kitco Technical Trading: Gold In Holding Pattern As Government Shutdown Looms

(Kitco News) - As the U.S. government hurtles toward a potential shutdown at midnight on Monday, gold prices are consolidating within recent ranges and the charts reveal a short-term holding pattern. Overnight, the yellow metal caught a small bid amid safe-haven flows from concerns about what the U.S. government shutdown could mean for markets and the economy, and also from political uncertainty in Italy.