$1357.7 Break opens Way To...............>

GOLD TECHS: $1357.7 Break opens Way To $1367.3-$1380.3 Next

*RES 4: $1401.2 13 month bull channel top projection

*RES 3: $1380.3 38.2% Fibo of $1920.5-$1046.4

*RES 2: $1375.4 July 2016 high

*RES 1: $1367.3 Aug 1 high

*PRICE: $1364.0 @0443GMT

*SUP 1: $1349.0 Hourly support

*SUP 2: $1344.8 Jan 15 high, now support

*SUP 3: $1339.6 Jan 24 low

*SUP 4: $1333.2 Jan 18 high, now support

*COMMENTARY* The move above the 76.4% Fibo retrace level at $1284.5 gave the

upside the impetus it required. This makes the $1357.7-$1236.6 fall seen from

last September look like a three wave correction. The subsequent break through

$1337.1 the next upside boost, as we make our way back through the Sep 4 high at

$1357.7. This sees $1367.3-$1375.4 as next resistance ahead of the 38.2% Fibo at

$1380.3. Support rising too, $1349.0-$1344.8 now the nearest of note.