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Rally Fails To Extend *RES 4: $1326.0....>

GOLD TECHS
GOLD TECHS: Rally Fails To Extend
*RES 4: $1326.0 - High May 11 
*RES 3: $1300.0 - Pivot area 
*RES 2: $1269.3 - 200-dma 
*RES 1: $1243.5 - High Oct 26 
*PRICE: $1231.8 @ 06:02 GMT 
*SUP 1: $1212.0 - Low Oct 31 
*SUP 2: $1207.6 - 55-dma 
*SUP 3: $1180.9 - Sep 28 
*SUP 4: $1160.4 - Low Aug 16 
Gold failed to break out into a higher range despite the strong close to the
week, with the Oct 26 high at $1243.5 remaining intact. Bulls need to break
above here to reignite upside momentum and target the 200-dma and the $1300
pivot area. On the downside, a break below the Oct 31 low at $1212 is needed to
return the focus lower and open the 55-dma at $1207.6.

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