100-DMA Support Key This Week *RES 4:....>

GOLD TECHS: 100-DMA Support Key This Week

*RES 4: $1366.0 - 2018 High Jan 25 

*RES 3: $1356.3 - Bollinger band top 

*RES 2: $1355.7 - High Apr 18 

*RES 1: $1339.3 - Hourly resistance Apr 20

*PRICE: $1333.7 @ 0430GMT

*SUP 1: $1331.4- 55-DMA 

*SUP 2: $1330.9 - Low Apr 10 

*SUP 3: $1329.7 - Daily Bull channel base off Dec low 

*SUP 4: $1321.2 - Low Apr 6

*COMMENTARY: Pressure has returned to the daily bull channel base and 55-DMA but

the 100-DMA remains key support. Bears need a close below the 100-DMA to shift

initial focus back to $1291.4-1302.5 where the 55-WMA ($1291.4), 200-DMA

($1301.6) & March low ($1302.5) are located. Bulls now need a close above

$1339.3 to gain breathing room and above $1355.7 to return focus to

$1366.0-1391.8 where 2018, 2016 & 2014 highs are located.