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$1295.5 Support Remains Key *RES 4:......>

GOLD TECHS: $1295.5 Support Remains Key
*RES 4: $1352.6 - Monthly High Sept 7 
*RES 3: $1343.6 - High Sept 22 
*RES 2: $1337.4 - Monthly High Nov 9 
*RES 1: $1326.1 - 2017 high Aug 29
*PRICE: $1312.6 @ 0240GMT
*SUP 1: $1303.5 - Hourly support Aug 28 
*SUP 2: $1299.5 - Hourly resistance Aug 28 now support a 
*SUP 3: $1295.5 - Hourly support Aug 28a 
*SUP 4: $1287.9 - Hourly support Aug 25
*COMMENTARY: The lack of follow through on fresh 2017 and 10mth highs is a
concern for bulls with the Bollinger top ($1313.80) remaining an issue. The
$1295.5 support is key today with bears needing a close below to shift focus
back to $1275.3-1282.9 where the 21-DMA is situated. While $1295.5 supports
bulls remain focused on $1337.4-1352.6 where Sept highs are noted. O/B daily
studies are now a concern for bulls.

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