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Above $1286.1 Required To Improve........>

GOLD TECHS
GOLD TECHS: Above $1286.1 Required To Improve Upside Prospects
*RES 4: $1296.1 76.4% Fibo of $1306.1-$1263.8
*RES 3: $1291.5 Oct 18 high
*RES 2: $1286.1 Oct 23 high
*RES 1: $1283.0 Nov 6 high
*PRICE: $1276.5 @1043GMT
*SUP 1: $1270.9 Hourly support
*SUP 2: $1263.8 Oct 27 low
*SUP 3: $1260.7 Oct 6 lo
*SUP 4: $1251.7 Aug 8 low, 2017 bull channel base
*COMMENTARY* After losing the $1271.4 support level, last week saw a low of
$1263.8, just ahead of the next key level, the Oct 9 low at $1260.7. As a
result, became oversold on a near term basis and the move back above $1280.3 has
done much to alleviate this, ahead of the $1286.1 resistance level. Need back
above here to further improve upside potential. Meanwhile, a loss of $1270.9
support would concern and may well see the downside come under pressure again.
Energy BulletsCommodities
Energy BulletsCommodities

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