Bullish Focus *RES 4: $1758.6 - 1.382....>

GOLD TECHS: Bullish Focus

*RES 4: $1758.6 - 1.382 projection of Feb 5 - Feb 25 rally from Feb 28 low

*RES 3: $1738.3 - 1.236 projection of Feb 5 - Feb 25 rally from Feb 28 low

*RES 2: $1704.8 - 1.00 projection of Feb 5 - Feb 25 rally from Feb 28 low

*RES 1: $1703.4 - High Mar 9

*PRICE: $1665.8 @ 07:03 GMT Mar 11

*SUP 1: $1641.8 - Low Mar 10

*SUP 1: $1632.0 - Low Mar 4

*SUP 3: $1589.7 - 50-day EMA

*SUP 4: $1563.1 - Low Feb 28 and key support

Gold traded to a high of $1703.4 Monday. Price is off the high however, the

pullback is likely corrective. The metal recently traded down to a key area of

support at the 50-day EMA, an average used to assess trend direction. With a

positive slope, it suggests the direction is up. The sharp rally off the average

early March confirmed a resumption of the bull trend that began off the Nov

lows. The focus is on $1704.8 and $1738.3 next. $1632.0 marks support.