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$1262.7-1273.5 Resistance Key Today *....>

GOLD TECHS
GOLD TECHS: $1262.7-1273.5 Resistance Key Today
* Fresh 2018 & 7mth lows lacked follow through Tuesday with an aggressive bounce
from below the LT rising TL off 2015 lows and ahead of the key 200-WMA
($1233.8). 
* Bears look for a close below the 200-WMA to confirm breaks of key supports and
initially target $1204.5. 
* Bulls need a close above $1262.7 to return pressure to $1273.5 where the
100-WMA is noted. 
* Correcting O/S studies are a concern for bears.

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