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$1277.6-1284.5 Support Region Key *RES...>

GOLD TECHS
GOLD TECHS: $1277.6-1284.5 Support Region Key
*RES 4: $1334.8 - High Sept 13 
*RES 3: $1320.0 - High Sept 18 
*RES 2: $1313.6 - High Sept 26 
*RES 1: $1297.3 - High Oct 12
*PRICE: $1296.1 @ 0930GMT
*SUP 1: $1289.6 - Low Oct 12 
*SUP 2: $1284.5 - Low Oct 11 
*SUP 3: $1277.6 - Hourly resistance Oct 6 now support 
*SUP 4: $1270.7 - Hourly support Oct 6
*COMMENTARY: The break of $1296.4 has so far lacked follow through which is less
than ideal for bulls who are now targeting $1313.6-1320.0. A close above $1320.0
is needed to shift focus to $1357.5 Sept highs. Support layers are building with
bears now needing a close below $1284.5 to confirm an easing of bullish pressure
and below $1277.6 to shift focus back to $1243.1-1260.5 where the 200-DMA and
bull channel base are situated.

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