Brief Loss Of $1271.8 Support Is.........>

GOLD TECHS: Brief Loss Of $1271.8 Support Is Quickly Reversed

*RES 4: $1296.1 76.4% Fibo of $1306.1-$1263.8

*RES 3: $1291.5 Oct 18 high

*RES 2: $1289.9 61.8% Fibo of $1306.1-$1263.8

*RES 1: $1284.3 Hourly resistance

*PRICE: $1280.8 @2145GMT

*SUP 1: $1273.5 Hourly support

*SUP 2: $1269.9 Nov 14 low

*SUP 3: $1265.5 Nov 3 low

*SUP 4: $1263.8 Oct 27 low

*COMMENTARY* The move below the key $1271.8 support was brief and quickly

reversed on Tuesday. Now looking at $1284.3 for resistance, as we move back up

the recent range. Through here and then the $1289.9 Fibo level once again

becomes the marker to cross, before the upside is released to make further

inroads into the losses sustained since last month's $1306.1 high. Meanwhile,

$1273.5 support should hold any setbacks or caution advised again.