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Immediate Focus On $1301.5-1305.9 *RES...>

GOLD TECHS
GOLD TECHS: Immediate Focus On $1301.5-1305.9
*RES 4: $1359.7 - Hourly support Jan 25 now resistance 
*RES 3: $1352.3 - High Jan 29 
*RES 2: $1339.0 - Hourly support Feb 6 now resistance 
*RES 1: $1332.6 - High Feb 7
*PRICE: $1314.5 @ 2030GMT
*SUP 1: $1305.9 - Low Jan 4 
*SUP 2: $1302.5 - Low Jan 2 
*SUP 3: $1301.5 - 55-DMA 
*SUP 4: $1292.8 - 100-DMA
*COMMENTARY: The correction lower from 2018 highs continues with immediate focus
now on $1301.5-1305.9 where the 55-DMA is located. Overall bears look for a
close below the 200-DMA ($1279.5) to confirm focus on Dec lows ($1235.9) & the
200-WMA ($1232.3). Bulls now look for a close above $1332.6 to ease bearish
pressure and above $1374.9 to confirm focus on $1391.8-1433.3.

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