Above $1351.3 To Shift Focus Higher......>

GOLD TECHS: Above $1351.3 To Shift Focus Higher

*RES 4: $1367.3 - Monthly High Aug 2 2016 

*RES 3: $1361.7 - High Feb 16 

*RES 2: $1351.3 - High Feb 19 

*RES 1: $1344.7 - Low Feb 16 now resistance

*PRICE: $1336.1 @ 0250GMT

*SUP 1: $1325.5 - Low Feb 23 

*SUP 2: $1319.4 - Low Feb 14 

*SUP 3: $1316.6 - 55-DMA 

*SUP 4: $1305.9 - Low Jan 4

*COMMENTARY: The lack of follow through above the 21-DMA ($1334.0) and rejection

ahead of the $1344.7-1351.3 region is less than ideal for bulls who need a close

above $1251.3 to target $1367.3-1374.9. Bears now need a close below Friday's

$1325.5 low to gain breathing room and below the 55-DMA to confirm initial focus

on $1299.6-1305.9 where the 100-DMA is noted. Below the 200-DMA ($1285.9) then

targets Dec lows ($1235.9).