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Capped Ahead Of Key Resistance *RES 4:...>

GOLD TECHS
GOLD TECHS: Capped Ahead Of Key Resistance
*RES 4: $1313.6 - High Sept 26 
*RES 3: $1296.4 - High Sept 27 
*RES 2: $1293.8 - 55-DMA 
*RES 1: $1292.7 - 21-DMA
*PRICE: $1287.5 @ 0430GMT
*SUP 1: $1285.1 - Hourly support Oct 10 
*SUP 2: $1277.6 - Hourly resistance Oct 6 now support 
*SUP 3: $1270.7 - Hourly support Oct 6 
*SUP 4: $1266.3 - Hourly resistance Oct 6 now support
*COMMENTARY: The recovery from Friday's low has seen the pair capped ahead of
the key $1296.4 resistance and 21 & 55-DMAs. Bulls again look for a close above
$1296.4 to shift initial focus back to $1313.6-1320.0. Initial support is noted
at $1285.1 with bears needing a close below to gain breathing room with below
$1277.6 needed to retain focus on $1242.0-1254.3 where the bull channel base and
200-DMA are situated.

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