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Immediate Focus Back On $1280.8 *RES.....>

GOLD TECHS
GOLD TECHS: Immediate Focus Back On $1280.8
*RES 4: $1295.9 - 2017 High June 6 
*RES 3: $1288.8 - Daily Bull channel top 
*RES 2: $1284.7 - Bollinger band top 
*RES 1: $1280.8 - High June 14
*PRICE: $1275.8 @ 2130GMT
*SUP 1: $1270.0 - Hourly support Aug 9 
*SUP 2: $1263.4 - Hourly support Aug 9a 
*SUP 3: $1258.9 - Alternating hourly support/resistance 
*SUP 4: $1252.3 - 21-DMA
*COMMENTARY: Support emerging ahead of the 21-DMA Tuesday has resulted in
pressure returning to the key $1280.8 resistance. Bulls continue to look for a
close above this level to reconfirm the bullish bias and initially target
retests of 2017 highs. Layers of support are building with bears now needing a
close below $1270.0 to ease immediate bullish pressure and below $1263.4 to
shift focus back to the 21-DMA.

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