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Bulls Now Need Close Above $1310.1.......>

GOLD TECHS
GOLD TECHS: Bulls Now Need Close Above $1310.1
*RES 4: $1332.6 - High Apr 24 
*RES 3: $1331.7 - 21-DMA 
*RES 2: $1326.6 - High Apr 16 
*RES 1: $1310.1 - Low Apr 30 now resistance
*PRICE: $1309.8 @ 0300GMT
*SUP 1: $1301.5 - 2018 Low May 1 
*SUP 2: $1291.6 - 55-WMA 
*SUP 3: $1289.5 - High Dec 1 now support 
*SUP 4: $1277.2 - 100-WMA
*COMMENTARY: Fresh 2018 & 5 month lows see gold flirting with the 200-DMA
($1304.2) and focus now on the 55-WMA. Bears look for a close below the 55-WMA
to add weight to the case for a test of the 200-WMA ($1234.6) and Dec low
($1235.9). Bulls now need a close above $1310.1 to gain breathing room and hint
at a correction back to $1326.6-1332.6 where the 55 & 21-DMAs are noted.

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