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

GOLD TECHS
GOLD TECHS: $1295.5 Support Remains Key
*RES 4: $1337.4 - Monthly High Nov 9 
*RES 3: $1326.1 - 2017 high Aug 29 
*RES 2: $1313.7 - High Aug 30 
*RES 1: $1304.8 - Low Aug 30 now resistance
*PRICE: $1303.3 @ 0430GMT
*SUP 1: $1295.5 - Hourly support Aug 28a 
*SUP 2: $1289.8 - Daily Bull channel base 
*SUP 3: $1287.9 - Hourly support Aug 25 
*SUP 4: $1284.5 - 21-DMA
*COMMENTARY: The lack of follow through on fresh 2017 and 10mth highs is a
concern for bulls with the Bollinger top ($1314.6) remaining an issue. The
$1295.5 support remains key with bears needing a close below to shift focus back
to $1275.3-1284.5 where the 21-DMA is situated. While $1295.5 supports bulls
remain focused on $1337.4-1352.6 where Sept highs are noted. Bulls need a close
above $1304.8 to gain breathing room.

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