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Clinging To $1200 *RES 4: $1266.0 -.....>

GOLD TECHS
GOLD TECHS: Clinging To $1200 
*RES 4: $1266.0 - High July 9 
*RES 3: $1235.2 - High July 26 
*RES 2: $1220.2 - 55-DMA 
*RES 1: $1214.4 - High Aug 28 
*PRICE: $1201.00 @ 05:32 GMT 
*SUP 1: $1183.2 - Low Aug 24 
*SUP 2: $1160.4 - Low Aug 16 
*SUP 3: $1150.0 - Support 
*SUP 4: $1122.9 - Low December 15 2017 
Gold is managing to cling to the $1200 level after rising above its 21-dma, but
the outlook remains neutral. Bulls need to overcome the Aug 28 high of $1214.4
in order to trigger a positive shift in the trend and allow a challenge of the
55-dma. A close below $1200 would give bears the momentum to retest the Aug 16
multi-year lows and resume the metal's long-term downtrend.

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