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

GOLD TECHS
GOLD TECHS: 100-DMA Support Key This Week
*RES 4: $1356.0 - Bollinger band top 
*RES 3: $1355.7 - High Apr 18 
*RES 2: $1339.3 - Hourly resistance Apr 20 
*RES 1: $1337.9 - 21-DMA
*PRICE: $1330.3 @ 2130GMT
*SUP 1: $1321.2 - Low Apr 6 
*SUP 2: $1318.5 - 100-DMA 
*SUP 3: $1306.9 - Low Mar 20 
*SUP 4: $1302.5 - Monthly Low Mar 1
*COMMENTARY: Bulls take comfort in support emerging ahead of the 100-DMA as gold
flirts with the 55-DMA ($1331.0). Bulls look for a close above $1339.3 to
confirm breaks of 21 & 55-DMAs with focus shifting to $1355.7-1366.1 where 2018
highs are noted. Bears continue to look for a close below the 100-DMA to shift
initial focus back to $1291.2-1302.5 where the 55-WMA ($1291.2), 200-DMA
($1302.1) & March low ($1302.5) are located.

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