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  • Gold prices hold above the  20-D EMA   channel resistance as stochastics continuing to lean bullish as the price leans against the mid-August 2018 major-uptrend’s support line.
  • A re-run of the downside, however, will open prospects for the double bottom lows at 1266 ahead of 1262.
  • Below there, the 200 DMA is located at 1257 while 1251 marks the 10th Dec swing highs.
  • On the flipside, bulls can target the 61.8% Fibo at 1290 ahead of 1297 as the trend line/channel resistance.
  • 1303 is recent swing fractal high.