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Continues To Move Back Up The 5 Month....>

GOLD TECHS
GOLD TECHS: Continues To Move Back Up The 5 Month Range
*RES 4: $1281.5 Jun 14 high
*RES 3: $1274.6 Jun 6 low, 76.4% Fibo of $1296.1-$1204.8
*RES 2: $1271.4 Hourly resistance
*RES 1: $1265.0 Intraday high
*PRICE: $1262.6 @0941GMT
*SUP 1: $1256.9 Hourly support
*SUP 2: $1251.9 Initial rally high Jul 26, now support
*SUP 3: $1243.9 Jul 26 low
*SUP 4: $1235.4 Jul 20 low
*COMMENTARY* The move back up the 5 month range continues, with the latest move
through both the June highs at $1258.9 and also the 61.8% Fibo retrace level at
$1261.2. a high on the day so far at $1265.0 but the $1271.4 and then the 76.4%
Fibo retrace level at $1274.6 currently look more worth targets. In the interim,
support also on the rise, $1256.9 initially and then more importantly in the
near term from $1251.9.

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