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Flirting With 200-WMA & LT Rising TL.....>

GOLD TECHS
GOLD TECHS: Flirting With 200-WMA & LT Rising TL
*RES 4: $1273.5 - 100-WMA 
*RES 3: $1262.7 - Hourly support June 26 now resistance 
*RES 2: $1260.1 - High June 27 
*RES 1: $1256.9 - High July 3
*PRICE: $1252.4 @ 2130GMT
*SUP 1: $1244.1 - Hourly support July 3 
*SUP 2: $1237.3 - 2018 Low July 3 
*SUP 3: $1235.9 - Monthly low Dec 12 
*SUP 4: $1233.8 - 200-WMA
*COMMENTARY: Fresh 2018 & 7mth lows lacked follow through Tuesday with an
aggressive bounce from below the LT rising TL off 2015 lows and ahead of the key
200-WMA support. Bears continue to look for a close below the 200-WMA to confirm
breaks of key supports and initially target $1204.5. Bull snow look for a close
above $1262.7 to return pressure to $1272.5-1273.4 where the 100-WMA is noted. A
close below the 200-WMA initially targets $1204.5.

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