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Remains Supported Below 100-DMA *RES.....>

GOLD TECHS: Remains Supported Below 100-DMA
*RES 4: $1297.6 - 55-DMA 
*RES 3: $1291.1 - Hourly resistance Oct 19 
*RES 2: $1285.9 - Hourly resistance Oct 20 
*RES 1: $1282.4 - 21-DMA
*PRICE: $1279.9 @ 0240GMT
*SUP 1: $1275.4 - Hourly support Oct 25 
*SUP 2: $1270.7 - Hourly support Oct 6 
*SUP 3: $1264.9 - Bollinger band base 
*SUP 4: $1260.6 - Low Oct 6
*COMMENTARY: Yet another dip below the 100-DMA ($1275.1) has again failed to
produce the close below needed to see bears confirm focus on tests of
$1243.4-1260.1 where the daily bull channel base ($1248.1) and 200-DMA ($1259.4)
are noted. Bulls now need a close above the 21-DMA to ease immediate bearish
pressure and above $1306.0 to confirm a break of the 55-DMA and initially focus
on $1313.6-1320.0.

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