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Bears Not Finished Yet *RES 4: $1266.0...>

GOLD TECHS
GOLD TECHS: Bears Not Finished Yet
*RES 4: $1266.0 - High July 9 
*RES 3: $1235.2 - High July 26 
*RES 2: $1218.8 - 55-DMA 
*RES 1: $1214.4 - High Aug 28 
*PRICE: $1193.20 @ 06:10 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 appears to be forming a triple-top formation with neckline support coming
in just below current levels suggesting a resumption of the larger downtrend is
in the offing. This would bring the Aug 16 low at $1160.4 back into play and a
break below here would likely accelerate the downtrend. Bulls need to recover
the Aug 28 high at $1214.4, above which would suggest a base is forming.

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