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Stalled Ahead of $1300 *RES 3:...........>

GOLD TECHS: Stalled Ahead of $1300
*RES 3: $1317.59 - 76.4% of 2018 range 1366.15-1160.39
*RES 2: $1309.4 - High June 14
*RES 1: $1300.0 - Pivot area
*PRICE: $1283.13 @ 14:14 GMT Jan 4
*SUP 1: $1266.0 - High July 9
*SUP 2: $1249.91 - 200-dma
*SUP 3: $1241.8 - Low Dec 19
*SUP 4: $1225.0 - Up trendline support from Aug low
Gold accelerated to multi-month highs of $1298.60, before improving risk
appetite witnessed a sharp retreat towards $1283. Bears need to clear the Jul 9
high & 200-dma at $1266.00/1249.91 to change the outlook, opening the Dec 19 low
at $1241.82. Bulls need to break the $1300 pivot level to resume the uptrend,
above here opens the Jun 14 high & 76.4% retracement at $1309.40/1317.59.

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