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Bears Need Close Below $1318.3 *RES 4:...>

GOLD TECHS
GOLD TECHS: Bears Need Close Below $1318.3
*RES 4: $1351.3 - High Feb 19 
*RES 3: $1344.7 - Low Feb 16 now resistance 
*RES 2: $1340.7 - High Feb 26 
*RES 1: $1336.3 - Bollinger band top
*PRICE: $1329.1 @ 2030GMT
*SUP 1: $1323.0 - 21-DMA 
*SUP 2: $1318.3 - High Mar 20 now support 
*SUP 3: $1306.2 - 100-DMA 
*SUP 4: $1302.5 - Low Jan 2
*COMMENTARY: Support emerging on dips back towards the 100-DMA provided the base
for an aggressive break of key DMAs with focus having returned to layers of
resistance $1340.7-1351.3. The Bollinger top is the key concern for bulls.
Layers of support have been left in the wake with bears now needing a close
below $1318.3 to shift focus back to $1302.5-1306.2 where the 100-DMA is
located.

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