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$1297.8-1310.5 Resistance Region Key.....>

GOLD TECHS
GOLD TECHS: $1297.8-1310.5 Resistance Region Key
*RES 4: $1310.5 - Low May 10 now resistance 
*RES 3: $1306.9 - 200-DMA 
*RES 2: $1301.5 - Low May 1 now resistance 
*RES 1: $1297.8 - High May 23
*PRICE: $1294.7 @ 0300GMT
*SUP 1: $1287.4 - Low May 22 
*SUP 2: $1281.8 - 2018 Low May 21 
*SUP 3: $1277.5 - 100-WMA 
*SUP 4: $1268.9 - High Dec 21
*COMMENTARY: Fresh 2018 lows lacked follow through Monday which is a concern for
bears give daily studies approaching O/S. In saying that, layers of resistance
remain with bulls needing a close above $1301.5 to gain breathing room and above
the 200-DMA to hint at a correction to $1324.4-1332.6. While $1301.5 caps bears
maintain focus on $1268.9-1277.5 where the 100-WMA is situated.

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