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

GOLD TECHS
GOLD TECHS: Oct Lows Remain Key Support
*RES 4: $1293.6 - Hourly support Nov 29 now resistance 
*RES 3: $1289.3 - High Dec 1 
*RES 2: $1277.9 - Hourly resistance Dec 1 
*RES 1: $1269.9 - Low Nov 14 now resistance
*PRICE: $1266.2 @ 0250GMT
*SUP 1: $1260.1 - Monthly Low Oct 6 
*SUP 2: $1256.1 - 100-WMA 
*SUP 3: $1251.0 - Monthly Low Aug 8 
*SUP 4: $1243.4 - Low July 26
*COMMENTARY: The dip below the bull channel base ($1263.4) and 200-DMA ($1267.0)
Tuesday lacked follow through with support emerging ahead of Oct lows. Bears
need a close below $1260.1 to confirm breaks of the channel base and 200-DMA
with overall focus shifting to 2017 lows. Bears will then need a close below
$1243.4 to add weight to their case. Bulls now need a close above $1277.9 to
ease renewed bearish pressure.

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