AU MIN Africa PTY Ltd. (GRYEF)

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Gold Prices Push To 6-Mo. Highs On Technical Buying



Technically, gold bulls have the firm overall near-term technical advantage and have momentum on their side. A six-week-old price uptrend is in place on the daily bar chart. Gold bulls' next upside near-term price breakout objective is to produce a close above solid technical resistance at $1,300.00. Bears' next near-term downside price breakout objective is pushing prices below solid technical support at $1,260.00. First resistance for February futures is seen at today’s high of $1,291.00 and then at $1,300.00. First support is seen at today’s low of $1,280.80 and then at $1,275.00. Wyckoff's Market Rating: 6.5.

https://www.kitco.com/news/2019-01-02/Gold-Prices-Push-To-6-Mo-Highs-On-Technical-Buying.html

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Gold ‘To Take The Bull Baton’ From The U.S. Dollar In 2019 — Bloomberg Intelligence


https://www.kitco.com/news/2019-01-02/Gold-To-Take-The-Bull-Baton-From-The-U-S-Dollar-In-2019-Bloomberg-Intelligence.html?sitetype=fullsite