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$1321.7-1330.0 Resistance Region Key.....>

GOLD TECHS
GOLD TECHS: $1321.7-1330.0 Resistance Region Key
*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: $1321.7 - High Mar 16
*PRICE: $1316.4 @ 2030GMT
*SUP 1: $1314.6 - Hourly resistance Mar 16 now support 
*SUP 2: $1307.5 - Low Mar 16 
*SUP 3: $1304.7 - 100-DMA 
*SUP 4: $1302.5 - Low Jan 2
*COMMENTARY: Support emerging on dips back towards the 100-DMA is less than
ideal with the Bollinger base ($1309.2) currently limiting follow through. In
saying that, bulls need a close above $1321.7 to ease bearish pressure and above
$1330.0 to confirm breaks of 21 ($1324.3) & 55 ($1329.4) DMAs, shifting focus
back to $1340.7-1351.3. Bears need a close below $1302.5 to hint at a move back
to $1235.9 and below the 200-DMA to confirm.

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