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Neutral Outlook *RES 4: $1324.6 - High...>

GOLD TECHS
GOLD TECHS: Neutral Outlook
*RES 4: $1324.6 - High Mar 25 
*RES 3: $1310.7 - High Apr 10 
*RES 2: $1303.4 - High May 14 
*RES 1: $1290.2 - 55-dma 
*PRICE: $1284.3 @ 03:40 GMT May 24 
*SUP 1: $1269.6 - Low May 21 
*SUP 2: $1266.3 - Low May 2 
*SUP 3: $1259.5 - 200-dma 
*SUP 4: $1251.1 - High Dec 10 
Gold posted strong gains yesterday shifting the near term outlook neutral and
allowing bulls to now target the 55-dma at 41290.2 to regain the upper hand.
Above here would open the May 14 high at $1303.4 while a break above here would
suggest a run at the April 10 high at $1310.7. Bears' focus remains on Tuesday's
low at $1269.6 with a break opening key May 2 low at $1266.3.

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