Gold rallies in early U.S., bulls face resistance

Newswire

NEW YORK, Oct 26 (Reuters) - Gold resilience carried into early U.S. trade on Thursday after back-to-back recoveries and strong oil prices restored bullishness and lifted futures toward chart points which derailed a rally last week. December gold at the COMEX division of the New York Mercantile Exchange was up $6.80 at $597.60 at 9:37 a.m. EDT (1337 GMT), trading from $589.80 to $598.80. Last week the contract peaked at $606, which corresponded to resistance from the trendline connecting ...

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