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Look For Weekly Close Below 100-WMA......>

GOLD TECHS
GOLD TECHS: Look For Weekly Close Below 100-WMA
*RES 4: $1292.1 - 21-DMA 
*RES 3: $1286.2 - Hourly resistance June 15 
*RES 2: $1284.1 - High June 19 
*RES 1: $1275.3 - 100-WMA
*PRICE: $1268.0 @ 0300GMT
*SUP 1: $1258.9 - Low Dec 19 
*SUP 2: $1249.9 - Low Dec 14 
*SUP 3: $1234.1 - 200-WMA, LT Rising TL off 2015 Low 
*SUP 4: $1214.0 - Low July 12
*COMMENTARY: Fresh 2018 & 7mth lows continue with bears now looking for a weekly
close below the 100-WMA to add significant weight to the case for a test of the
200-WMA and LT rising TL of 2015 lows. Gold remains heavy with the Bollinger
base ($1269.2) the key concern for bears. Bulls now need a close above $1284.1
to gain breathing room and above the 21-DMA to return pressure to $1310.5.

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