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55-DMA Resistance Now Key *RES 4:........>

GOLD TECHS
GOLD TECHS: 55-DMA Resistance Now Key
*RES 4: $1297.9 - Bollinger band top 
*RES 3: $1295.7 - 55-DMA 
*RES 2: $1291.1 - Hourly resistance Oct 19 
*RES 1: $1287.2 - High Nov 8
*PRICE: $1281.0 @ 0215GMT
*SUP 1: $1278.6 - Hourly support Nov 8 
*SUP 2: $1271.8 - Low Nov 7 
*SUP 3: $1265.2 - Low Nov 3 
*SUP 4: $1262.9 - 200-DMA
*COMMENTARY: Hesitation ahead of the 200-DMA has seen breaks of the 21-DMA
($1280.3) and bulls now needing a close above the 55-DMA to hint at a move
initially targeting $1320.0 with above $1306.0 to confirm. The $1243.8 $1265.2
support region where the 200-DMA and channel base ($1253.8) are located remains
key. Bears need a close below $1243.8 to shift initial focus to Sept lows
($1204.6) and overall focus to 2017 lows ($1146.0).

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