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$1267.5-1277.7 Support Region Key *RES...>

GOLD TECHS
GOLD TECHS: $1267.5-1277.7 Support Region Key
*RES 4: $1313.3 - Daily Bull channel top 
*RES 3: $1300.8 - 2017 High Aug 18 
*RES 2: $1298.4 - Bollinger band top 
*RES 1: $1293.9 - High Aug 21
*PRICE: $1288.1 @ 0255GMT
*SUP 1: $1286.6 - Hourly support Aug 23 
*SUP 2: $1278.9 - Daily Bull channel base 
*SUP 3: $1277.7 - Alternating hourly support/resistance 
*SUP 4: $1275.6 - 21-DMA
*COMMENTARY: Fresh 2017 and 10mth highs Friday lacked follow through but bounces
ahead of $1277.7 see bulls reconfirming dominance and focus on 2017 highs. The
$1267.5-1277.7 support region remains key. Bears need a close below $1277.7 to
ease bullish pressure and below $1267.5 to shift initial focus to 55 & 100-DMAs
($1254.5-1257.2). Bears initially look for a close below $1286.6 to gain
breathing room.

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