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Above 2016 High Targets $1391.8-1433.3...>

GOLD TECHS
GOLD TECHS: Above 2016 High Targets $1391.8-1433.3
*RES 4: $1433.3 - Monthly High Aug 28 2013 
*RES 3: $1391.8 - 2014 High Mar 17 
*RES 2: $1374.9 - 2016 High July 6 2016 
*RES 1: $1367.3 - Monthly High Aug 2 2016
*PRICE: $1360.0 @ 2030GMT
*SUP 1: $1355.8 - Hourly resistance Jan 24 now support 
*SUP 2: $1344.5 - 2018 High Jan 15 now support 
*SUP 3: $1331.2 - Low Jan 23 
*SUP 4: $1321.2 - Hourly support Jan 12
*COMMENTARY: The recovery from the mid Jan correction has resulted in fresh 2018
& 18mth highs with immediate bullish focus currently on 2016 highs and a close
above then targeting $1391.8-1433.3. The Bollinger top ($1358.1) remains the key
concern for bulls. Layers of support building adds to bullish confidence with
bears now needing a close below $1344.5 to ease bullish pressure and hint at a
correction back to the 21-DMA ($1321.4).

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