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Testing 55-DMA *RES 4: $1266.0 - High....>

GOLD TECHS
GOLD TECHS: Testing 55-DMA
*RES 4: $1266.0 - High July 9 
*RES 3: $1235.2 - High July 26 
*RES 2: $1214.4 - High Aug 28 
*RES 1: $1210.5 - 55-DMA 
*PRICE: $1209.0 @ 05:20 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 
A bullish breakout is looking increasingly likely as the 55-dma at $1210.5 comes
under attack. A break above here would shift the short-term outlook bullish and
open up the July 26 high, suggesting a bottoming pattern is playing out. 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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