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Trend Support Holds *RES 4: $1324.6 -....>

GOLD TECHS
GOLD TECHS: Trend Support Holds
*RES 4: $1324.6 - High Mar 25
*RES 3: $1310.7 - High Apr 10
*RES 2: $1303.4 - High May 14
*RES 1: $1296.5 - 100-dma
*PRICE: $1292.5 @ 06:25 GMT May 31
*SUP 1: $1277.9 - Trend Support
*SUP 2: $1276.2 - Low May 28
*SUP 3: $1269.6 - Low May 21
*SUP 4: $1266.3 - Low May 2
Trend support continues to hold, with bulls now targeting a move through the
100-dma to open up a string of intraday highs from earlier in May. Bears need a
break below trend support and the May 28 low to open the way lower.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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