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Stuck In Range *RES 4: $1266.0 - High....>

GOLD TECHS
GOLD TECHS: Stuck In Range
*RES 4: $1266.0 - High July 9 
*RES 3: $1235.2 - High July 26 
*RES 2: $1214.4 - High Aug 28 
*RES 1: $1213.2 - 55-DMA 
*PRICE: $1198.9 @ 06:37 GMT 
*SUP 1: $1183.2 - Low Aug 24 
*SUP 2: $1160.4 - Low Aug 16 
*SUP 3: $1150.0 - Support 
*SUP 4: $1122.9 - Low December 15 2017 
Gold remains stuck within its September range around the $1200 level as bearish
momentum appears to have been exhausted for now despite the broader downtrend
remaining intact. Bulls need to overcome the 55-dma at $1213.2 to shift the
outlook bullish. To return the short-term focus to the downside, bears need a
push back below the Aug 24 low at $1183.2 which is the last line of defense
before the Aug 16 low at $1160.4.

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