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Focus Back To The Lows *RES 4: $1235.2...>

GOLD TECHS
GOLD TECHS: Focus Back To The Lows
*RES 4: $1235.2 - High July 26 
*RES 3: $1228.6 - High July 31 
*RES 2: $1221.8 - 21-DMA 
*RES 1: $1215.8 - High August 7 
*PRICE: $1208.8 @ 0643GMT 
*SUP 1: $1206.4 - Low August 6 
*SUP 2: $1204.6 - Low August 3 
*SUP 3: $1195.1 - Low March 10 2017 
*SUP 4: $1180.7 - Low January 21 2017 
Gold's failure to break to the upside yesterday has seen focus return to the
downside with the August 6 lows at $1206.4 within touching distance. A break
below here would make a break of the August 3 lows highly likely, giving bears
the momentum for a push down to the March 2017 lows. Bulls need to recover the
21-DMA, currently at $1121.8 in order to shift the outlook positive and mount a
reversal attempt.
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