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Fresh Rally Eyes A Further...............>

GOLD TECHS
GOLD TECHS: Fresh Rally Eyes A Further $1337.6-$1352.5 Rise
*RES 4: $1352.5 1.618 swing of $1296.1-$1204.8
*RES 3: $1348.8 9 month bull channel top projection
*RES 2: $1337.6 Nov 9 high
*RES 1: $1326.2 Intraday high
*PRICE: $1315.3 @1625GMT
*SUP 1: $1314.0 Hourly support
*SUP 2: $1305.9 Hourly base Aug 28
*SUP 3: $1300.9 Aug 18 high, now support
*SUP 4: $1295.1 Aug 25 high, now support
*COMMENTARY* A sharp spike lower last Friday found support from above the Aug 1
high at $1274.2. This thereby keeping near term momentum with the topside. The
subsequent break back above $1294.4 suggested another attempt on the Aug 18 high
at $1300.9 would follow. Through here now and also the 76.4% Fibo retrace level
at $1315.7. Now looking towards $1337.6-$1352.5 as the next target area. Nearest
supports now$1314.0-$1305.9.

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