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Back Below 21-DMA *RES 4: $1266.0 -......>

GOLD TECHS
GOLD TECHS: Back Below 21-DMA
*RES 4: $1266.0 - High July 9 
*RES 3: $1235.2 - High July 26 
*RES 2: $1228.6 - High July 31 
*RES 1: $1197.0 - 21-DMA 
*PRICE: $1192.4 @ 06:33 GMT 
*SUP 1: $1183.2 - Low Aug 24
*SUP 2: $1160.4 - Low Aug 16 
*SUP 3: $1150.0 - Support 
*SUP 4: $1122.9 - Low December 15 2017 
Gold slipped back below its 21-dma yesterday and remains their today as the Aug
24 low at $1183.2 becomes eh next level of support. A break below here would
give bears the momentum to retest the Aug 16 multi-year lows and resume  the
metal's long-term downtrend. Bulls continue to look for a close above the 21-dma
and July 31 high to form a base. 

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