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Bears Need Close Below $1335.6 *RES 4:...>

GOLD TECHS
GOLD TECHS: Bears Need Close Below $1335.6
*RES 4: $1367.3 - Monthly High Aug 2 2016 
*RES 3: $1366.1 - 2018 High Jan 25 
*RES 2: $1361.7 - High Feb 16 
*RES 1: $1356.7 - High Mar 27
*PRICE: $1345.5 @ 0300GMT
*SUP 1: $1339.8 - Low Mar 27 
*SUP 2: $1335.6 - Hourly support Mar 23a 
*SUP 3: $1326.7 - 21-DMA 
*SUP 4: $1318.3 - High Mar 20 now support
*COMMENTARY: Support emerging on dips back towards the 100-DMA provided the base
for an aggressive break of key DMAs with focus having returned to layers of
resistance $1361.7-1374.9. The Bollinger top ($1349.8) is the key concern for
bulls. Bears now need a close below $1335.6 to gain breathing room and below
$1318.3 to shift focus back to $1302.5-1309.0 where the 100-DMA is located.

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