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Make Or Break Time *RES 4: $1266.0 -.....>

GOLD TECHS
GOLD TECHS: Make Or Break Time
*RES 4: $1266.0 - High July 9 
*RES 3: $1235.2 - High July 26 
*RES 2: $1228.6 - High July 31 
*RES 1: $1217.1 - High Aug 10 
*PRICE: $1199.5 @ 05:021 GMT 
*SUP 1: $1198.4 - 21-DMA 
*SUP 2: $1160.4 - Low Aug 16 
*SUP 3: $1150.0 - Support 
*SUP 4: $1122.9 - Low December 15 2017 
Gold continues to hover around the $1200 level as it clings to support at the
21-dma. Bulls need to hold this level to prevent a resumption of the bearish
trend and target the Aug 10 high at $1217.1. A break above here would cement the
recovery and target the July 31 high of $1228.6. A break back below the 21-dma
would bring into question the rally from the Aug 16 lows and put the focus back
on $1160.4.

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