Technically, the gold bulls and bears are on a level overall near-term technical playing field amid choppy and sideways trading recently. Bulls’ next upside price objective is to produce a close in February futures above solid resistance at $1,500.00. Bears' next near-term downside price breakout objective is pushing futures prices below solid technical support at the November low of $1,453.10. First resistance is seen at this week’s high of $1,473.70 and then at $1,480.00. First support is seen at this week’s low of $1,463.00 and then at $1,456.60. Wyckoff's Market Rating: 5.0


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