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Friday's Lows Remain Key *RES 4:.........>

GOLD TECHS
GOLD TECHS: Friday's Lows Remain Key
*RES 4: $1365.2 - High April 11 
*RES 3: $1317.6 - 76.4% of 2018 range 1366.15-1160.39 
*RES 2: $1309.4 - High June 14 
*RES 1: $1300.0 - Pivot area 
*PRICE: $1282.1 @ 06:04 GMT Jan 9 
*SUP 1: $1276.7 - Low Jan 4 
*SUP 2: $1249.4 - 200-dma 
*SUP 3: $1241.8 - Low Dec 19 
*SUP 4: $1225.0 - Up trendline support from Aug low 
Gold remains in its uptrend but is edging towards key support at Friday's low at
$1276.7. Below here would raise the chances of a bearish reversal, opening the
200-dma at $1249.9. Bulls need to break the $1300 pivot level to resume the
uptrend, above here opens the Jun 14 high & 76.4% retracement at
$1309.40/1317.59.

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