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GOLD TECHS: Gold Rally Continues *RES...>

COMMODITIES
COMMODITIES: GOLD TECHS: Gold Rally Continues
*RES 2: $1309.4 - High June 14
*RES 1: $1300.0 - Pivot area
*PRICE: $1278.5 @ 14:57 GMT Dec 28
*SUP 1: $1270.0 - Trend channel top
*SUP 2: $1266.0 - High July 9
*SUP 3: $1251.1 - 200-dma
*SUP 4: $1220.0 - Up trendline support from Aug low
*SUP 5: $1196.3 - Low Nov 13
Gold has rallied all week and is now well away from the the 200-dma, and gaining
support from the July 19 high and channel top resistance at $1270.0. Below the
200-dma at $1251.4 opens up trendline support from the August low which comes in
at $1220.0.

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