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Overall Focus Returns To Key Support.....>

GOLD TECHS
GOLD TECHS: Overall Focus Returns To Key Support Between $1262.3-$1260.7
*RES 4: $1292.5 Hourly base Nov 27, now resistance
*RES 3: $1289.3 Dec 1 high
*RES 2: $1283.0 Hourly resistance, hourly high Dec 4
*RES 1: $1277.6 Hourly resistance
*PRICE: $1268.2 @1010GMT
*SUP 1: $1262.3 2017 bull channel support line
*SUP 2: $1260.7 Oct 2 low
*SUP 3: $1240.9 76.4% Fibo of $1204.8-$1357.7
*SUP 4: $1232.6 1.618 swing of $1260.7-$1306.1
*COMMENTARY* Unable to make a break through the top of the recent range, being
capped by $1299.3-$1299.7 resistance. The subsequent fall back within the range
has been swift, Tuesday losing support from $1269.9 and exposing the 2017 bull
channel base at $1262.3 and the Oct 2 low at $1260.7. Have to hold the latter or
overall bias will swing back to the downside and further corrections of gains
initially from $1204.8 and potentially from $1122.6. Resistance $1277.6-$1283.0.
Energy BulletsCommodities
Energy BulletsCommodities

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