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

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: $1263.6 @ 2030GMT
*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: Gold continues to oscillate around the 200-DMA ($1267.0) and the
bull channel base ($1264.8) with bears needing a close below $1260.1 to confirm
breaks with overall focus shifting to 2017 lows. Bears will then look for a
close below $1243.4 to add weight to their case. Bulls now look for a close
above $1269.9 to ease bearish pressure and above $1277.9 to return focus to
$1299.1 Nov monthly highs.

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