Looks like we will be in a holding pattern for the week ..until the G 20 gets their shit together on Friday..

Then maybe we will get an updraft on AR..

Happy trading..

I'm going out for the morning..

Portee

PRECIOUS-Gold slips below $1,650/oz in thin trade before G2022 minutes ago by Thomson Reuters

* Gold prices slip lower ahead of G20 meeting

* Palladium hits fresh 17-month high

* Coming up - U.S. retail sales at 1330 GMT (Updates throughout, changes dateline from SINGAPORE)

By Clara Denina

LONDON, Feb 13 (Reuters) - Gold slipped below $1,650 an ounce in thin trading on Wednesday, tracking a decline in stock markets, as investors hugged the sidelines ahead of a G20 meeting later this week which is expected to give clues on currency policy.

China's week-long Lunar New Year holiday also curbed trade.

Gold suffered technical selling pressure this week, with prices sliding to their lowest in more than a month at $1,638.82 after breaching a succession of support levels.

Spot gold eased 0.2 percent to $1,647.80 an ounce by 1033 GMT, recovering from the previous session's one-month low of $1,638.82. U.S. gold futures for April delivery eased 0.1 percent to $1,647.30 an ounce.

Traders are confident that chart support above $1,630 an ounce will keep losses in check.

"Prices are holding well around the $1,640s area... it looks like every time you get close to the bottom of the range there are some buyers around," MKS' head of trading Afshin Nabavi said. "We should hold the $1,635 level on the downside."

"The market is looking at anything for direction for the time being and players are awaiting the G20 at the end of the week as something that could provide it," he said.