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Support Layers Accumulating *RES 4:......>

GOLD TECHS
GOLD TECHS: Support Layers Accumulating
*RES 4: $1306.0 - High Oct 16 
*RES 3: $1298.5 - Bollinger band top 
*RES 2: $1295.8 - 55-DMA 
*RES 1: $1291.1 - Hourly resistance Oct 19
*PRICE: $1287.5 @ 2030GMT
*SUP 1: $1281.7 - Hourly support Nov 9 
*SUP 2: $1278.6 - Hourly support Nov 8 
*SUP 3: $1271.8 - Low Nov 7 
*SUP 4: $1265.2 - Low Nov 3
*COMMENTARY: Hesitation ahead of the 200-DMA has seen breaks of the 21-DMA
($1280.6) and bulls now needing a close above the 55-DMA to hint at a move
initially targeting $1320.0 with above $1306.0 to confirm. The $1243.8 $1265.2
support region where the 200-DMA and channel base ($1254.2) are located remains
key. Bears need a close below $1243.8 to shift initial focus to Sept lows
($1204.6) and overall focus to 2017 lows ($1146.0).

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