Bears Focused On 200-WMA & LT TL *RES....>

GOLD TECHS: Bears Focused On 200-WMA & LT TL

*RES 4: $1274.3 - 100-WMA 

*RES 3: $1272.5 - High June 25 

*RES 2: $1262.7 - Hourly support June 26 now resistance 

*RES 1: $1254.3 - High June 28

*PRICE: $1247.9 @ 2130GMT

*SUP 1: $1245.3 - 2018 Low Jan 28 

*SUP 2: $1237.9 - LT Rising TL off 2015 Low 

*SUP 3: $1235.9 - Monthly low Dec 12 

*SUP 4: $1233.9 - 200-WMA

*COMMENTARY: Fresh 2018 & 7mth lows continue to add weight to the bearish case

targeting tests of the 200-WMA and LT rising TL of 2015 lows around $1237.9. The

Bollinger base ($1247.8) and O/S daily studies looking to correct are noted as

key concern for bears. Bulls continue to look for a close above the 100-WMA to

gain breathing room and above $1292.1 to return pressure to $1303.1-1310.5.