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YTD Highs Back In Focus *RES 4:..........>

GOLD TECHS
GOLD TECHS: YTD Highs Back In Focus
*RES 4: $1365.2 - High April 11, 2018
*RES 3: $1355.0 - Downtrend resistance from the 2016 highs
*RES 2: $1346.8 - High Feb 20
*RES 1: $1328.0 - High June 3
*PRICE: $1323.9 @ 03:47 GMT Jun 4 
*SUP 1: $1306.2 - Low June 3
*SUP 2: $1297.3 - 100-dma
*SUP 3: $1289.6 - 50% retracement of May rally 
*SUP 4: $1288.1 - Low May 31 
Gold posted strong gains for the third consecutive session yesterday reaching as
high as $1328.0 before edging back from highs. Yesterday's high is the initial
upside target with a break above here opening the Feb 20 ytd high at $1346.8. On
the downside bears look to break back below yesterday's low at $1306.2 to open
the 100-dma at $1297.3.

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