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The yellow metal is softer today as it...>

GOLD TECHS
GOLD TECHS: The yellow metal is softer today as it pulls away for the $1480.0
level. The key channel resistance drawn off the Sep 4 high and intersecting at
$1483.9 today has remained unchallenged so far this week. The underlying trend
is bearish while price remains below the channel however, a break of support at
$1458.8, Dec 6 and 9 low is required to signal a strengthening bearish move that
would expose the major support at $1445.7, Nov 12 low. A break of the channel
top  would alter the picture.

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