Bulls Targeting 2017 High *RES 4:........>

GOLD TECHS: Bulls Targeting 2017 High

*RES 4: $1374.9 - 2016 High July 6 

*RES 3: $1367.3 - Monthly High Aug 2 2016 

*RES 2: $1357.5 - 2017 High Sept 8 

*RES 1: $1334.8 - High Sept 13

*PRICE: $1323.1 @ 2030GMT

*SUP 1: $1316.9 - Hourly resistance Jan 3 now support 

*SUP 2: $1302.5 - Low Jan 2 

*SUP 3: $1293.5 - Low Dec 29 

*SUP 4: $1288.0 - 100-DMA

*COMMENTARY: Bulls take comfort in the likely close above $1321.3 that

reconfirms dominance and focus on $1357.5-1374.9 where 2016 & 2017 highs are

situated. O/B daily studies remain the key concern for bulls. In saying that,

bears continue to look for a close below $1302.5 to ease bullish pressure and

below the 100-DMA to hint at a deeper sell-off with below the 55-DMA ($1277.2)

confirming.