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Consolidating Gains Ahead Of 200-DMA.....>

GOLD TECHS
GOLD TECHS: Consolidating Gains Ahead Of 200-DMA
*RES 4: $1300.0 - Pivot area 
*RES 3: $1267.0 - Trend channel top 
*RES 2: $1266.0 - High July 9 
*RES 1: $1255.5 - 200-dma 
*PRICE: $1247.0 @ 06:04 GMT 
*SUP 1: $1210.0 - Up trendline from Aug low 
*SUP 2: $1196.3 - Low Nov 13 
*SUP 3: $1180.9 - Low Sep 28 
*SUP 4: $1160.4 - Low Aug 16 
Gold has consolidated its break above the Oct highs ands looks poised for a test
of the 200-dma, now coming into focus at $1255.5. A break above here would
cement the recovery opening the the July 9 high at $1266.0. Bears need to break
below up trendline support from the August low which comes in at $1210.0. Below
here would reignite bearish momentum and open a run at the Nov 13 lows and
below.

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