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Bulls Targeting 2016 High *RES 4:........>

GOLD TECHS
GOLD TECHS: Bulls Targeting 2016 High
*RES 4: $1353.3 - Daily Bull channel top 
*RES 3: $1352.6 - Monthly High Sept 7 2016 
*RES 2: $1343.6 - High Sept 22 2016 
*RES 1: $1339.8 - 2017 High Sept 4
*PRICE: $1335.9 @ 0430GMT
*SUP 1: $1328.8 - High Sept 4 
*SUP 2: $1313.7 - High Aug 30 now support 
*SUP 3: $1304.9 - Hourly support Aug 31 
*SUP 4: $1298.4 - Low Aug 31
*COMMENTARY: A gapping move higher to start the new week has resulted in fresh
2017 and 12mth highs with immediate bullish focus now on $1343.6-1375.2 where
2016 highs are located. The Bollinger top ($1335.4) is the key concern for
bulls. Bears need a close below $1328.8 to gain breathing room and below $1313.7
to shift initial focus back to $1294.6-1295.5 where the 21-DMA is noted.

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