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Trendline Support Back In Focus *RES.....>

GOLD TECHS
GOLD TECHS: Trendline Support Back In Focus
*RES 4: $1300.0 - Pivot area 
*RES 3: $1259.4 - 200-dma 
*RES 2: $1236.5 - High Nov 7 
*RES 1: $1230.1 - High Nov 21 
*PRICE: $1213.4 @ 06:08 GMT 
*SUP 1: $1202.0 - Up trendline from Aug low
*SUP 2: $1196.3 - Low Nov 13 
*SUP 3: $1180.9 - Low Sep 28 
*SUP 4: $1160.4 - Low Aug 16 
Gold triggered a triple top formation on intraday charts yesterday sending the
metal down towards up trendline support from the August low which comes in at
$1202.0. Below here would reignite bearish momentum and open a run at the Nov 13
lows and below. Bulls need to close above $1230.1 to reignite upside momentum
and return the focus to the Nov 7 high at $1236.5.

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