Pressure Back On $1326.1-1352.6 *RES.....>

GOLD TECHS: Pressure Back On $1326.1-1352.6

*RES 4: $1343.6 - High Sept 22 

*RES 3: $1337.4 - Monthly High Nov 9 

*RES 2: $1326.1 - 2017 high Aug 29 

*RES 1: $1337.4 - Monthly High Nov 9

*PRICE: $1320.7 @ 2130GMT

*SUP 1: $1313.7 - High Aug 30 now support 

*SUP 2: $1304.9 - Hourly support Aug 31 

*SUP 3: $1298.4 - Low Aug 31 

*SUP 4: $1295.5 - Hourly support Aug 28a

*COMMENTARY: The $1295.5 support confirmed significance with gold bouncing

aggressively form a dip back towards this level Thursday. The recovery from

Thursday lows sees immediate pressure back on the $1326.1-1352.6 region where

2017 & monthly highs and the daily bull channel top are situated. The Bollinger

top ($1322.0) is the key concern for bulls. Bears now need a close below $1213.7

to ease bullish pressure.