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Bullish Focus *RES 4: $1754.5 - High.....>

GOLD TECHS
GOLD TECHS: Bullish Focus
*RES 4: $1754.5 - High Nov 22, 2012
*RES 3: $1747.4 - High Apr 15 and bull trigger
*RES 2: $1739.3 - High Apr 23
*RES 1: $1718.0 - High Apr 29
*PRICE: $1714.5 @ 07:55 BST Apr 30
*SUP 1: $1692.6 - Low Apr 28 and intraday bear trigger
*SUP 2: $1688.1 - 20-day EMA
*SUP 3: $1680.5 - Low Apr 22
*SUP 4: $1659.6 - Low Apr 21 and key support
Gold traded below $1700.0 Tuesday but managed to find support at $1692.6, Apr 28
low. A positive tone remains in place for now however, to reinforce bullish
conditions the yellow metal will need to extend the recovery. This would refocus
attention on $1739.3, the Apr 23 high and the primary resistance at $1747.4, Apr
14 high. On the downside, a move below $1692.6 would be a bearish development
and instead expose the key $1659.6, Apr 21 low.
Energy BulletsCommodities
Energy BulletsCommodities

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