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Monday's Lows Act As Support *RES 4:.....>

GOLD TECHS
GOLD TECHS: Monday's Lows Act As Support
*RES 4: $1235.2 - High July 26 
*RES 3: $1214.4 - High Aug 28 
*RES 2: $1211.1 - High Sep 21 
*RES 1: $1200.5 - 55-dma 
*PRICE: $1189.5 @ 06:09 GMT 
*SUP 1: $1180.9 - Sep 28 
*SUP 2: $1160.4 - Low Aug 16 
*SUP 3: $1122.9 - Low December 15 2016 
*SUP 4: $1100.0 - Support 
Monday's lows acted as support yesterday keeping the lateral trading range
intact. Bulls continue to face tough resistance at the 55-dma, currently at
$1200.5, and need to break above here to shift the outlook bullish and target
the Sep 21 high at $1211.1. On the downside, bears need to break back below the
Sep 28 low of $1180.9 before targeting the Aug 16 lows at $1160.4.

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