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Focus Now On $1294.6-1313.7 *RES 4:......>

GOLD TECHS
GOLD TECHS: Focus Now On $1294.6-1313.7
*RES 4: $1350.5 - Hourly support Sept 8 now resistance 
*RES 3: $1342.1 - Hourly support Sept 8 now resistance A 
*RES 2: $1334.8 - High Sept 13 
*RES 1: $1329.4 - Hourly support Sept 13 now resistance
*PRICE: $1322.0 @ 0240GMT
*SUP 1: $1318.9 - Hourly support Sept 14 
*SUP 2: $1313.9 - 21-DMA 
*SUP 3: $1313.7 - High Aug 30 now support 
*SUP 4: $1304.9 - Hourly support Aug 31
*COMMENTARY: Fresh 2017 and 12mth highs lacked follow through Friday with bears
taking comfort in the gapping move lower Monday that eased bullish pressure and
confirms focus on $1294.6-1313.9 where the 21-DMA is located. Below $1294.6 is
needed to target 55 ($1274.2) & 100 ($1264.6) DMAs. Bulls need a close above
$1234.8 to ease bearish pressure and above $1242.1 to target $1375.1 2016 highs.

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