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GOLD TECHS: Gold surges higher to test...>

GOLD TECHS
GOLD TECHS: GOLD TECHS: Gold surges higher to test bull channel resistance
*RES 4: $1483.8 - 50% retracement of the Sep 2011-Dec 2015 decline
*RES 3: $1433.8 - High Aug 2013
*RES 2: $1400.00 Psychological round number
*RES 1: $1394.9 - High June 20 thus far and just above bull channel top
*PRICE: $1383.6 @ 08:26 BST Jun 20
*SUP 1: $1357.8 - Low Jun 20
*SUP 2: $1338.7 - Low Jun 18
*SUP 3: $1332.4 - Low Jun 13
*SUP 4: $1319.9 - Low June 11
Gold has surged overnight extending the Jun bull rally. Today's high has arrived
at a critical resistance marking the top of a bull channel drawn off the Aug 16,
2018 low and intersects at $1394.29. Momentum studies remain bullish and with
the bull trend firmly entrenched, the channel top is likely to come under
renewed pressure. Today's low of 1357.78 marks initial support.

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