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$1281.2-1296.4 Resistance Region Key.....>

GOLD TECHS: $1281.2-1296.4 Resistance Region Key
*RES 4: $1296.4 - High Sept 27 
*RES 3: $1290.3 - High Sept 29 
*RES 2: $1281.2 - Hourly support Sept 29 now resistance 
*RES 1: $1277.6 - Hourly resistance Oct 2
*PRICE: $1269.5 @ 0250GMT
*SUP 1: $1265.3 - High Aug 8 now support 
*SUP 2: $1250.5 - 200-DMA 
*SUP 3: $1249.9 - Monthly Low Aug 8 
*SUP 4: $1243.8 - Low July 26
*COMMENTARY: Gold remains heavy with immediate focus on $1265.3. Bears look for
a close below $1265.3 to confirm a break of the 100-DMA ($1272.2) and shift
focus to $1238.6-1250.0 where the bull channel base and 200-DMA are situated.
Resistance layers are building with bulls needing a close above $1281.2 to gain
breathing room and above $1296.4 to shift focus back to $1309.3-1320.0.

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