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$1299.7 Contains Rally And Prefaces......>

GOLD TECHS
GOLD TECHS: $1299.7 Contains Rally And Prefaces Pullback
*RES 4: $1309.2 50% Fibo of $1357.7-$1260.7
*RES 3: $1306.1 Oct 16 high
*RES 2: $1299.3/7 Nov 27 high, hourly resistance
*RES 1: $1293.0 Hourly resistance
*PRICE: $1285.2 @1700GMT
*SUP 1: $1282.5 Hourly support
*SUP 2: $1279.1 Nov 22 low
*SUP 3: $1274.6 Nov 20 low
*SUP 4: $1269.9 Nov 14 low
*COMMENTARY* Continues to basically play the $1296.1-$1269.9 range, looking to
find the vulnerable side. Currently, a move above $1296.1 can be halted around
$1299.7, ahead of more prominent targets at $1306.1-$1309.2. While
$1296.1-$1299.7 caps, then the risk remains for a slide back down the recent
range, last Thursday's $1282.5 now the protection against a further
$1279.1-$1274.6 fall, ahead of that range base at $1269.9.

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