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Spikes to Fresh YTD Highs *RES 4:........>

GOLD TECHS
GOLD TECHS: Spikes to Fresh YTD Highs
*RES 4: $1375.3 - High July 11, 2016
*RES 3: $1365.2 - High April 11, 2018
*RES 2: $1355.9 - Downtrend resistance from the 2016 highs
*RES 1: $1354.2 - Intraday high
*PRICE: $1353.7 @ 06:43 GMT Jun 14
*SUP 1: $1332.4 - Low Jun 13
*SUP 2: $1319.9 - Low June 11
*SUP 3: $1303.4 - High May 14
*SUP 4: $1301.1 - 100-dma
Gold spiked through $1350 amid the backdrop of Iran & global trade tensions. The
yellow metal touched its highest levels since Apr 2018 and keeps the overall
bullish technical structure in place. Consolidation above brings trendline
resistance off the 2016 high into view at $1356.86, ahead of the formidable
$1365/75 resistance area, representing the peaks from 2016 and 2018.

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