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$1332.6 Resistance Key This Week *RES....>

GOLD TECHS
GOLD TECHS: $1332.6 Resistance Key This Week
*RES 4: $1332.6 - High Apr 24 
*RES 3: $1327.0 - 55-DMA 
*RES 2: $1325.4 - 100-DMA 
*RES 1: $1318.9 - High May 7
*PRICE: $1314.6 @ 0300GMT
*SUP 1: $1305.7 - 200-DMA 
*SUP 2: $1301.5 - 2018 Low May 1 
*SUP 3: $1292.2 - 55-WMA 
*SUP 4: $1289.5 - High Dec 1 now support
*COMMENTARY: Gold continues to flirt with the 200-DMA with bears needing a close
below 2018 lows to confirm traction below and add weight to the case for a test
of the 200-WMA ($1234.5) and Dec low ($1235.9). The $1332.6 resistance remains
key this week. Bulls need a close above $1318.9 to gain breathing room and above
$1332.6 to shift focus back to $1355.7-1366.1 where 2018 highs are found.

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