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$1302.5 Support Key This Week *RES 4:....>

GOLD TECHS
GOLD TECHS: $1302.5 Support Key This Week
*RES 4: $1339.3 - Hourly resistance Apr 20 
*RES 3: $1333.2 - 21-DMA 
*RES 2: $1332.6 - High Apr 24 
*RES 1: $1326.6 - High Apr 16
*PRICE: $1312.6 @ 0430GMT
*SUP 1: $1310.1 - Low Apr 30 
*SUP 2: $1306.9 - Low Mar 20 
*SUP 3: $1303.9 - 200-DMA 
*SUP 4: $1302.5 - Monthly Low Mar 1
*COMMENTARY: Bears focus on $1302.5-1306.9 where the 200-DMA & 2018 lows are
noted. Bears need a close below $1302.5 to hint at a move back to the 200-WMA
($1234.6) and Dec low ($1235.9) with below the 55-WMA ($1291.6) to confirm.
Bulls need a close above $1326.7 to gain breathing room and above the 21-DMA to
shift initial focus back to $1355.1-1366.1. O/S daily studies remain the key
concern for bears.

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