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Supported Ahead Of 21 & 55-DMAs *RES.....>

GOLD TECHS
GOLD TECHS: Supported Ahead Of 21 & 55-DMAs
*RES 4: $1374.9 - 2016 High July 6 2016 
*RES 3: $1367.3 - Monthly High Aug 2 2016 
*RES 2: $1366.0 - 2018 High Jan 25 
*RES 1: $1353.2 - High Apr 12
*PRICE: $1345.3 @ 0930GMT
*SUP 1: $1336.8 - 21-DMA 
*SUP 2: $1331.5 - 55-DMA 
*SUP 3: $1330.9 - Low Apr 10 
*SUP 4: $1326.7 - Daily Bull channel base off Dec low
*COMMENTARY: Bulls take comfort in support emerging on dips back towards 21 &
55-DMAs but continue to look for a close above $1353.2 to return focus to
$1366.0-1391.8 where 2018, 2016 & 2014 highs are located. Layers of support
remain $1316.4-1336.8. Bears look for a close below the 100-DMA to shift
immediate focus back to $1299.8-1302.5 where Mar lows and the 200-DMA are noted.
Below the 200-DMA is needed to target Dec lows ($1235.9).

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