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Bull Trend Intensifies *RES 4: $1388.0...>

GOLD TECHS
GOLD TECHS: Bull Trend Intensifies
*RES 4: $1388.0 - High Mar 14, 2014
*RES 3: $1365.2 - High April 11 
*RES 2: $1315.0 - Channel top 
*RES 1: $1309.4 - High June 14 
*PRICE: $1302.3 @ 06:17 GMT Jan 28 
*SUP 1: $1298.6 - High Jan 4, now support 
*SUP 2: $1276.8 - Low Jan 21 
*SUP 3: $1260.0 - Double top downside target 
*SUP 4: $1245.9 - 200-dma 
Friday's break above $1300 has reignited the bullish trend, shifting the focus
to the next upside target which comes in at the June 14 high at $1309.4. Above
here would open the channel top at $1315.0, ahead of the April 11 high at
$1365.2. Bears need to close back below the Jan 4 high at $1298.6 to take the
near term pressure off, whole a break below the Jan 21 low at $1276.8 is needed
to suggest a bearish reversal. 

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