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$1310.5 Resistance Remains Key *RES 4:...>

GOLD TECHS
GOLD TECHS: $1310.5 Resistance Remains Key
*RES 4: $1318.5 - 55-DMA 
*RES 3: $1310.5 - Low May 10 now resistance 
*RES 2: $1307.4 - 200-DMA 
*RES 1: $1301.9 - High June 6
*PRICE: $1296.0 @ 2130GMT
*SUP 1: $1287.4 - Low May 22 
*SUP 2: $1281.8 - 2018 Low May 21 
*SUP 3: $1280.5 - Bollinger band base 
*SUP 4: $1276.4 - 100-WMA
*COMMENTARY: The pop above the 21-DMA ($1299.0) lacked follow through with the
200-DMA just above. Bulls need a close above $1310.5 to confirm breaks of 21 &
200-DMAs and shift initial focus to $1318.5-1326.6 where 55 & 100-DMAs & the
21-WMA are noted. Bears continue to look for a close below the 100-WMA to target
$1233.4-1234.3 where the 200-WMA and LT TL off late Dec 2015 lows are found.

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