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Oct Lows Remain Key Support *RES 4:......>

GOLD TECHS
GOLD TECHS: Oct Lows Remain Key Support
*RES 4: $1299.1 - High Nov 27 
*RES 3: $1293.6 - Hourly support Nov 29 now resistance 
*RES 2: $1289.3 - High Dec 1 
*RES 1: $1277.9 - Hourly resistance Dec 1
*PRICE: $1274.5 @ 0530GMT
*SUP 1: $1269.9 - Low Nov 14 
*SUP 2: $1268.4 - Bollinger band base 
*SUP 3: $1266.9 - 200-DMA 
*SUP 4: $1263.1 - Daily Bull channel base
*COMMENTARY: Pressure returning to the $1260.2-1269.9 region where the 200-DMA
bull channel base off Dec 20 2916 lows and Bollinger base are situated has so
far failed to produce a break lower. Bears still need a close below $1243.4 to
confirm focus on retests of 2017 lows. Daily studies are well placed for a fresh
leg lower. Bulls now need a close above $1289.3 to ease bearish pressure.

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