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Bollinger Band Top Capping *RES 4:.......>

GOLD TECHS
GOLD TECHS: Bollinger Band Top Capping
*RES 4: $1374.9 - 2016 High July 6 2016 
*RES 3: $1367.3 - Monthly High Aug 2 2016 
*RES 2: $1366.0 - 2018 High Jan 25 
*RES 1: $1358.3 - Bollinger band top
*PRICE: $1348.9 @ 2130GMT
*SUP 1: $1337.0 - 21-DMA 
*SUP 2: $1331.6 - 55-DMA 
*SUP 3: $1330.9 - Low Apr 10 
*SUP 4: $1327.7 - Daily Bull channel base off Dec low
*COMMENTARY: Bulls take comfort in support emerging on dips back towards 21 &
55-DMAs although the topside hesitation ahead of the Bollinger top is a concern.
Bulls now focus on $1366.0-1391.8 where 2018, 2016 & 2014 highs are located.
Layers of support remain $1316.4-1337.1. Bears look for a close below the bull
channel base to hint at a shift lower in focus with below the 100-DMA to shift
immediate focus back to $1299.8-1302.5 where Mar lows and the 200-DMA are noted.

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