$1263.6-1272.6 Resistance Now Key *RES...>

GOLD TECHS: $1263.6-1272.6 Resistance Now Key

*RES 4: $1284.1 - High June 19 

*RES 3: $1272.6 - 100-WMA 

*RES 2: $1263.6 - 21-DMA 

*RES 1: $1260.2 - High July 10

*PRICE: $1250.5 @ 0430GMT

*SUP 1: $1246.8 - Low July 10 

*SUP 2: $1244.1 - Hourly support July 3 

*SUP 3: $1237.3 - 2018 Low July 3 

*SUP 4: $1235.9 - Monthly low Dec 12

*COMMENTARY: Fresh 2018 & 7mth lows lacked follow through last week with an

aggressive bounce from below the LT rising TL off 2015 lows and ahead of the key

200-WMA ($1234.0). Bears look for a close below the 200-WMA to confirm breaks of

key supports and initially target $1204.5. Bulls now need a close above the

21-DMA to return initial focus to $1272.6 where the 100-WMA is noted and above

the 100-WMA to target $1284.0-1292.1.