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Bears Now Need Close Below 21-DMA *RES...>

GOLD TECHS
GOLD TECHS: Bears Now Need Close Below 21-DMA
*RES 4: $1320.0 - High Sept 18 
*RES 3: $1313.6 - High Sept 26 
*RES 2: $1306.0 - High Oct 16 
*RES 1: $1299.1 - High Nov 27
*PRICE: $1293.5 @ 0240GMT
*SUP 1: $1285.8 - Low Nov 24, 55-DMA 
*SUP 2: $1282.7 - 21-DMA 
*SUP 3: $1279.0 - Low Nov 22 
*SUP 4: $1274.9 - Low Nov 20
*COMMENTARY: With key DMAs clustered $1282.7-1285.8 bulls remain focused on the
$1306.0-1320.0 region while they continue to support. Bears now need a close
below the 21-DMA to ease bullish pressure and shift focus back to $1260.2-1266.6
where the bull channel base and 200-DMA are situated. Bulls now need a close
above $1299.1 to add support to their case. Above $1320.0 targets $1357.5 2017
highs.

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