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Bulls In Charge *RES 4: $1326.0 - High...>

GOLD TECHS
GOLD TECHS: Bulls In Charge
*RES 4: $1326.0 - High May 11 
*RES 3: $1300.0 - Pivot area 
*RES 2: $1263.0 - 200-dma 
*RES 1: $1243.5 - High Oct 26 
*PRICE: $1223.8 @ 06:20 GMT 
*SUP 1: $1196.3 - Low Nov 13 
*SUP 2: $1180.9 - Low Sep 28 
*SUP 3: $1160.4 - Low Aug 16 
*SUP 4: $1122.9 - Dec 15, 2016 
Bulls recovered yesterday's early losses to keep the pressure on the $1125
level, above which the rally gains further traction and opens the Oct 26 high at
$1243.5. A break above here would trigger renewed upside momentum and target the
200-dma at $1263.0. Bears need a close below $1200 to shift the focus back to
the downside, opening the Sep 28 low ahead of a return to the Aug 16 and ytd low
at $1160.4.

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