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Still Having Trouble With 9 Week.........>

GOLD TECHS
GOLD TECHS: Still Having Trouble With 9 Week Falling Resistance Line
*RES 4: $1326.0 May 11 high
*RES 3: $1314.9 May 15 high
*RES 2: $1307.9 May 25 high
*RES 1: $1300.2 9 week falling resistance line
*PRICE: $1294.8 @0956GMT
*SUP 1: $1287.8 May 23 low
*SUP 2: $1282.2 May 21 low
*SUP 3: $1267.2 76.4% Fibo of $1236.6-$1366.2
*SUP 4: $1266.3 1.618 swing of $1282.2-$1307.9
*COMMENTARY* Lost support from the key $1286.6-$1286.1 area last month which
raised some concerns. This the rising support line at the time, from the
December 2016 lows and the 61.8% Fibo retrace level of this year's
$1236.6-$1366.2 rise. If this can be sustained, then there is not much to stop
an eventual $1267.2 fall. In the meantime, Still having trouble with the 9 week
falling resistance line, so eyes back on $1287.8-$1282.2 support.

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