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$1204.9-$1195.1 Support Area Under.......>

GOLD TECHS
GOLD TECHS: $1204.9-$1195.1 Support Area Under Attack 
*RES 3: $1231.2 - 21-DMA 
*RES 2: $1235.2 - High July 26 
*RES 1: $1228.6 - High July 31 
*RES 1: $1214.0 - Low July 31 now resistance  
*PRICE: $1207.8 @ 0700GMT 
*SUP 1: $1204.9 - Monthly low July 10 2017 
*SUP 2: $1195.1 - Low March 10 2017 
*SUP 3: $1180.7 - Low January 21 2017 
*SUP 4: $1122.9 - Low December 15 2016 
The bearish trend received fresh impetus following the break to a new cycle low
yesterday and the $1204.9-$1195.1 support area is under attack. There is little
beyond this to prevent further downside to the December 2016 lows. Bulls need to
recover $1214 to regain some breathing room and $1128.6 to make a case for a
reversal. However, the bigger picture remains bearish below the 21-DMA.

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