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$1321.2 & $1344.5 Levels Remain Key......>

GOLD TECHS
GOLD TECHS: $1321.2 & $1344.5 Levels Remain Key
*RES 4: $1367.3 - Monthly High Aug 2 2016 
*RES 3: $1357.5 - 2017 High Sept 8 
*RES 2: $1344.5 - 2018 High Jan 15 
*RES 1: $1338.0 - High Jan 19
*PRICE: $1332.2 @ 2030GMT
*SUP 1: $1321.2 - Hourly support Jan 12 
*SUP 2: $1315.4 - Low Jan 11 
*SUP 3: $1314.2 - 21-DMA 
*SUP 4: $1305.9 - Low Jan 4
*COMMENTARY: Gold was rejected ahead of recent 2018 highs Wednesday with the
sell-off leaving it looking a little heavy following the break of $1326.6
hinting at a correction initially targeting $1302.5-1305.6. Momentum studies
have corrected to neutral levels but other studies correcting from O/B weigh.
Bulls need a close above $1344.5 to reconfirm focus on 2017 and then 2016 highs.

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