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Risk Off Supports *RES 4: $1324.6 -......>

GOLD TECHS
GOLD TECHS: Risk Off Supports
*RES 4: $1324.6 - High Mar 25 
*RES 3: $1310.7 - High Apr 10 
*RES 2: $1303.4 - High May 14 
*RES 1: $1289.1 - 55-dma 
*PRICE: $1280.1 @ 02:21 GMT May 29 
*SUP 1: $1276.2 - Low May 28 
*SUP 2: $1269.6 - Low May 21 
*SUP 3: $1266.3 - Low May 2 
*SUP 4: $1260.8 - 200-dma 
Gold found some support ahead of the May lows yesterday after equity risk off
sentiment provided some support. To reignite upside momentum bulls need to clear
the 55-dma at $1289.1 which would open the May 14 high at $1303.4 ahead of the
April 10 high $1310.7. Bears' focus turns to yesterday's low at $1276.2 with a
break opening the May 21 low at $1269.6. Below here would open the key May 2 low
at $1266.3. 

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