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Below $1302.5 Shifts Overall Focus To....>

GOLD TECHS
GOLD TECHS: Below $1302.5 Shifts Overall Focus To 200-WMA
*RES 4: $1332.6 - High Apr 24 
*RES 3: $1326.6 - High Apr 16 
*RES 2: $1321.3 - Hourly support Apr 27 now resistance 
*RES 1: $1320.0 - 100-DMA
*PRICE: $1317.1 @ 0430GMT
*SUP 1: $1306.9 - Low Mar 20 
*SUP 2: $1303.3 - 200-DMA 
*SUP 3: $1302.5 - Monthly Low Mar 1 
*SUP 4: $1291.1 - 55-WMA
*COMMENTARY: Bears take comfort in a close below the 100-DMA that sees immediate
focus on $1302.5-1306.9 where the 200-DMA & 2018 lows are noted. Bears need a
close below $1302.5 to hint at a move back to the 200-WMA ($1234.6) and Dec low
($1235.9) with below the 55-WMA to confirm. Bulls now need a close above $1326.7
to gain breathing room and above the 21-DMA to shift initial focus back to
$1355.1-1366.1 where 2018 highs are noted.

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