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$1252.7-1262.2 Support Region Key *RES...>

GOLD TECHS
GOLD TECHS: $1252.7-1262.2 Support Region Key
*RES 4: $1295.9 - 2017 High June 6 
*RES 3: $1280.8 - High June 14 
*RES 2: $1277.4 - Bollinger band top 
*RES 1: $1274.0 - High Aug 1
*PRICE: $1269.3 @ 2130GMT
*SUP 1: $1262.2 - Hourly support July 28 
*SUP 2: $1257.0 - Low July 28 
*SUP 3: $1252.7 - Hourly resistance July 25 now support 
*SUP 4: $1242.4 - Alternating hourly support/resistance
*COMMENTARY: O/B daily studies and the Bollinger top remain key concerns for
bulls who are initially focused on $1280.8 with overall focus on tests of 2017
highs. The $1252.7-1262.2 support region remains key. Bears look for a close
below $1262.2 to gain breathing room and below $1252.7 to shift focus to the
$1242.4 support. Bulls now need a close above $1280.8 to add support to their
case for a test of 2017 highs.

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