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$1312.9 & $1330.0 Levels Key Today.......>

GOLD TECHS
GOLD TECHS: $1312.9 & $1330.0 Levels Key Today
*RES 4: $1344.7 - Low Feb 16 now resistance 
*RES 3: $1340.7 - High Feb 26 
*RES 2: $1330.0 - High Mar 14 
*RES 1: $1321.5 - Low Mar 14 now resistance
*PRICE: $1316.4 @ 0430GMT
*SUP 1: $1312.9 - Hourly resistance Mar 1 now support 
*SUP 2: $1304.3 - 100-DMA 
*SUP 3: $1302.5 - Low Jan 2 
*SUP 4: $1302.5 - Low Jan 2
*COMMENTARY: Despite pressuring the 21-DMA ($1325.9) bulls failed to gain
traction above with pressure returning to $1312.9. Bears look for a close below
$1312.9 to return focus to $1289.6-1304.3 where 100 & 200-DMAs are situated.
Bulls still need a close above $1330.0 to confirm a break of the 21-DMA and gain
breathing room whereas a close above $1351.3 remains needed to initially focus
on $1367.3-1374.9 where 2016 highs are noted.

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