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Bears Still In Charge *RES 4: $1266.0....>

GOLD TECHS: Bears Still In Charge
*RES 4: $1266.0 - High July 9 
*RES 3: $1235.2 - High July 26 
*RES 2: $1214.4 - High Aug 28 
*RES 1: $1204.4 - 55-dma 
*PRICE: $1188.8 @ 06:43 GMT 
*SUP 1: $1160.4 - Low Aug 16 
*SUP 2: $1122.9 - Low December 15 2016 
*SUP 3: $1100.0 - Support 
*SUP 4: $1046.4 - Low December 3 2015 
Gold continues to look bearish below its 55-dma as the Aug 16 lows come into
sight at $1160.4. A break below here would strengthen the long-term downtrend
and target the Dec 2016 low at $1122.9. Bulls need a break above the 55-dma at
$1204.4 to shift the short-term outlook bullish and open up the July 26 high.

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