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Bulls In The Driving Seat *RES 4:........>

GOLD TECHS
GOLD TECHS: Bulls In The Driving Seat
*RES 4: $1326.0 - High May 11 
*RES 4: $1300.0 - Pivot area 
*RES 3: $1273.3 - 200-dma 
*RES 2: $1266.0 - High July 9 
*PRICE: $1236.8 @ 06:15 GMT 
*SUP 1: $1220.2 - Low Oct 22 
*SUP 2: $1202.6 - 55-dma 
*SUP 3: $1180.9 - Sep 28 
*SUP 4: $1160.4 - Low Aug 16 
Gold found some support ahead of the $1225 level yesterday keeping the bullish
trend intact and sifting the focus to the July 19 high at $1266.0. A break above
here would bring the 200-dma into play, currently coming in at $1273.3. Bears
need to break back below the Oct 22 low at $1220.2 to shift the outlook neutral,
and retake the 55-dma to return the focus to the downside. 

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