Gold steadies after Friday's drop - Spot gold bounced to about 3,904 dollars on Monday morning, up about 0.8 percent from Friday's close near 3,876 dollars

Gold steadies after Friday's drop
- Spot gold bounced to about 3,904 dollars on Monday morning, up about 0.8 percent from Friday's close near 3,876 dollars
- The bounce follows a 146-dollar fall on Friday that took gold to its lowest in over a year
- Brent eased about 2 percent in Asia trade as diplomacy talk cooled the Hormuz premium
The desk view, the levels and the scenarios are in today's subscribers post.
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