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Consolidating Gains *RES 4: $1300.0 -....>

GOLD TECHS
GOLD TECHS: Consolidating Gains
*RES 4: $1300.0 - Pivot area 
*RES 3: $1270.0 - Trend channel top 
*RES 2: $1266.0 - High July 9 
*RES 1: $1254.7 - 200-dma 
*PRICE: $1245.3 @ 06:07 GMT 
*SUP 1: $1220.0 - Up trendline from Aug low 
*SUP 2: $1196.3 - Low Nov 13 
*SUP 3: $1180.9 - Low Sep 28 
*SUP 4: $1160.4 - Low Aug 16 
Gold is consolidating after its break above the $1250 level as bulls eye the
200-dma just ahead at $1254.7. Above here opens the July 9 high at $1266.0 ahead
of trend channel top at $1270.0. Bears need to break below up trendline support
from the August low which comes in at $1220.0. Below here would reignite bearish
momentum and open a run at the Nov 13 lows and below.

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