Bears Need Close Below 100-WMA *RES 4:...>

GOLD TECHS: Bears Need Close Below 100-WMA

*RES 4: $1325.5 - 100-DMA 

*RES 3: $1320.1 - 55-DMA 

*RES 2: $1310.5 - Low May 10 now resistance 

*RES 1: $1307.4 - 200-DMA

*PRICE: $1297.9 @ 2130GMT

*SUP 1: $1293.4 - Low May 29 

*SUP 2: $1287.4 - Low May 22 

*SUP 3: $1282.3 - Bollinger band base 

*SUP 4: $1281.8 - 2018 Low May 21

*COMMENTARY: Attempts to rally remain capped by the 200-DMA despite daily

studies correcting their O/S condition. Bulls still need a close above $1310.5

to confirm breaks of 21 & 200-DMAs and shift initial focus to $1320.1-1325.5

where 55 & 100-DMAs & the 21-WMA are noted. Bears continue to look for a close

below the 100-WMA to target the 200-WMA ($1234.3).