Gold prices are solidly down and hit a nearly four-month low in early-afternoon U.S. trading Tuesday. “Risk-on” trader and investor attitudes that are seeing monies flowing into stocks are at the same time squelching buying interest in the safe-haven metals markets. Chart-based selling in gold futures is also kicking in this week. June gold futures were last down $14.50 an ounce at $1,276.80. May Comex silver was last down $0.04 at $14.935 an ounce. Asian and European stock indexes were mostly higher overnight. U.S. stock indexes are higher at midday and have hit new six-month highs. The U.S. indexes are also closing in on their record highs scored last fall. There are presently no major geopolitical issues in the world marketplace to rattle the markets and trader and investor attitudes remains generally upbeat. In the U.S., the world’s largest economy is growing modestly to a bit better, but the Federal Reserve does not appear inclined to raise interest rates. Many reckon that’s a “Goldilocks” scenario for the stock market. The key outside markets today find the U.S. dollar index modestly up and not far below the recent highs. Meantime, Nymex crude oil prices are firmer and trading around $63.75 a barrel. The marketplace is awaiting China’s gross domestic product report due out Wednesday morning. Most are expecting upbeat numbers north of 6% annual GDP growth for the world’s second-largest economy. The bears have gained the overall near-term technical advantage. A six-week-old downtrend line on the daily bar chart is in place. 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 $1,250.00.