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SPOT GOLD: *RES 4: $1235.2 - High.......>

GOLD TECHS
GOLD TECHS: SPOT GOLD: 
*RES 4: $1235.2 - High July 26 
*RES 3: $1228.6 - High July 31 
*RES 2: $1223.8 - 21-DMA 
*RES 1: $1215.8 - High August 7 
*PRICE: $1204.7 @ 08:05 GMT 
*SUP 1: $1195.1 - Low March 10 2017 
*SUP 2: $1180.6 - Low January 27 2017 
*SUP 3: $1077.4 - Low July 24 2015 
*SUP 4: $1046.4 - Low December 3 2015 
Gold is continuing to extend the major downtrend with a break below the previous
August low at 1204.60. This break lower now leaves the way open towards $1195.1
initially and then the $1180.6 area. However, it is worth noting that the new
lows have not been confirmed by momentum indicators. Indeed, some positive
divergence is now being developed.

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