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SPOT GOLD: ST Neutral But Bigger.........>

GOLD TECHS
GOLD TECHS: SPOT GOLD: ST Neutral But Bigger Picture Still Weak
*RES 4: $1238.0 - July 3 low now resistance 
*RES 3: $1236.3 - 21-DMA 
*RES 2: $1235.2 - High July 26 
*RES 1: $1228.6 - High July 31 
*PRICE: $1224.4 @ 0310GMT 
*SUP 1: $1221.0 - Hourly low
*SUP 2: $1214.0 - Low July 31 
*SUP 3: $1211.6 - 2018 Low July 19 
*SUP 4: $1204.9 - Monthly low July 10 2017 
The yellow metal posted a false break below support of the July 27 yesterday but
has failed to break out of its downtrend. The ST outlook is neutral but the
bigger picture remains bearish below the 21-DMA. 

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