Looking To Head Back Into Range *RES.....>

GOLD TECHS: Looking To Head Back Into Range

*RES 4: $1266.0 - High July 9 

*RES 3: $1235.2 - High July 26 

*RES 2: $1214.4 - High Aug 28 

*RES 1: $1203.7 - 55-dma 

*PRICE: $1192.4 @ 06:42 GMT 

*SUP 1: $1160.4 - Low Aug 16 

*SUP 2: $1122.9 - Low December 15 2016 

*SUP 3: $1100.0 - Support 

*SUP 4: $1046.4 - Low December 3 2015 

Gold is looking to break back into its recent sideways trading range to stand a

chance of overcoming the key 55-dma resistance level which comes in at $1203.7.

A break above here would shift the short-term outlook bullish and open up the

July 26 high. Bears continue to target the Aug 16 lows at $1160.4. A break below

here would strengthen the long-term downtrend and target the Dec 2016 low at

$1122.9.