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Recovery Challenges Channel Top,.........>

GOLD TECHS
GOLD TECHS: Recovery Challenges Channel Top, $1336.7-$1330.1 Support
*RES 4: $1375.4 Jul 8 2016 high
*RES 3: $1366.2 Jan 25 high
*RES 2: $1361.8 Feb 16 high
*RES 1: $1356.9 Intraday high
*PRICE: $1341.8 @0902GMT
*SUP 1: $1336.7 Mar 21 high, now support
*SUP 2: $1330.1 Mar 14 high, now support
*SUP 3: $1324.8 Mar 22 low
*SUP 4: $1315.3 Mar 2 low
*COMMENTARY* Made it's way slightly back above $1354.1, the current level of the
2 month bear channel top but as yet unable to sustain it and the chance for a
further $1361.8-$1366.2 rise, as we continue to erase losses since the year's
$1366.2 high. As a consequence, support also rises, two former $1336.7 and
$1330.1 highs now providing the initial protection against any meaningful
setbacks within this years range above $1302.8.

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