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Above $1320.0 Confirms Focus on 2017.....>

GOLD TECHS
GOLD TECHS: Above $1320.0 Confirms Focus on 2017 High
*RES 4: $1367.3 - Monthly High Aug 2 2016 
*RES 3: $1357.5 - 2017 High Sept 8 
*RES 2: $1334.8 - High Sept 13 
*RES 1: $1320.0 - High Sept 18
*PRICE: $1315.1 @ 2030GMT
*SUP 1: $1310.0 - Hourly support Jan 2 
*SUP 2: $1302.5 - Low Jan 2 
*SUP 3: $1293.5 - Low Dec 29 
*SUP 4: $1281.5 - Low Dec 27
*COMMENTARY: The recovery from Dec lows has resulted in closes above the 55-DMA
and bear channel top with immediate focus now on $1320.0 following the break of
$1289.5. O/B daily studies and the Bollinger top ($1306.8) are concerns for
bulls. Bears now need a close below Tuesday's low to ease pressure on resistance
layers and below the 100-DMA ($1287.2) to hint at a deeper correction.

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