Below $1331.2 Targets $1302.5-1305.6.....>

GOLD TECHS: Below $1331.2 Targets $1302.5-1305.6

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

*RES 3: $1359.7 - Hourly support Jan 25 now resistance 

*RES 2: $1352.3 - High Jan 29 

*RES 1: $1348.9 - High Jan 30

*PRICE: $1344.3 @ 0530GMT

*SUP 1: $1334.0 - 21-DMA 

*SUP 2: $1331.2 - Low Jan 23 

*SUP 3: $1323.7 - Low Jan 18 

*SUP 4: $1315.4 - Low Jan 11

*COMMENTARY: Following on from a lack of follow through on last week's 2018 high

bulls take comfort in support emerging on dips back to the 21-DMA. Bears look

for a close below $1331.2 to shift initial focus to $1302.5-1305.6. Initial

resistance is noted at $1348.9 but bulls need a close above $1352.3 to gain

breathing room and above $1374.9 to confirm focus on $ $1391.8-1433.3.