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The yellow metal maintains a bullish.....>

GOLD TECHS
GOLD TECHS: The yellow metal maintains a bullish stance:
- The yellow metal traded higher again yesterday, this time confirming a break
of former resistance at $1765.4, the key May 18 trend high.
- The breach of this level confirms a resumption of the underlying uptrend that
has been in place since mid-Mar.
- The scene is set for a price appreciation towards levels last traded in 2012.
The next objective is $1796.1, Oct 2012 high.
- On the downside, firm support lies at $1704.2, Jun 15 low. Initial support is
at $1744.7, Jun 11
high ahead of $1721.8, Jun 19 low.

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