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Back Below $1300 *RES 4: $1346.8 -......>

GOLD TECHS
GOLD TECHS: Back Below $1300 
*RES 4: $1346.8 - High Feb 20 
*RES 3: $1330.0 - High Feb 27 
*RES 2: $1318.9 - Trendline res off Apr highs 
*RES 1: $1309.0/1311.3 - 21-dma/High Mar 13 
*PRICE: $1298.7 @ 06:12 GMT Mar 18 
*SUP 1: $1292.9 - Low March 14
*SUP 2: $1280.9 - Low March 7 
*SUP 3: $1276.8 - Low Jan 21/38.2% retracement 
*SUP 4: $1272.7 - 100-dma 
Gold has lost its grip on the $1300 level again with bears looking to Thursday's
low at $1292.8 for a downside break. Below here would open the the Mar 7 low at
1280.9 ahead of the Jan 21 low and 38.2% retracement. Bulls need to recover the
21-dma and March 13 high to reignite upside momentum and return the focus to the
Feb highs. 

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