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Gold has rallied for the fifth straight........>

GOLD
GOLD: Gold has rallied for the fifth straight session today but is starting to
show signs of bullish exhaustion (See MNI Analysis email - 1319GMT). Congestion
around the $1345/50 has so far contained which holds pivotal resistance at
$1347.90, channel top resistance at $1348.78 & down trend-line resistance off
the Mar 2014 high at $1349.83. Technical studies are also starting to generate
overbought conditions. However, should gold breakout further, it could face
headwinds from key pivotal resistance at $1374/1375.  

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