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Bulls Look To Regain $1300 *RES 4:.......>

GOLD TECHS
GOLD TECHS: Bulls Look To Regain $1300
*RES 4: $1346.8 - High Feb 20 
*RES 3: $1330.0 - High Feb 27 
*RES 2: $1315.3/1311.0 - High Mar 1/21-dma 
*RES 1: $1300.8/1303.3 - High Mar 8/50-dma 
*PRICE: $1297.2 @ 06:03 GMT Mar 12 
*SUP 1: $1280.9 - Low Mar 5 
*SUP 2: $1276.8 - Low Jan 21/38.2% retracement 
*SUP 3: $1269.8 - 100-dma 
*SUP 4: $1253.8 - 50% retracement of Aug-Feb rally 
Gold's post NFP recovery remains intact with bulls looking to break back above
the $1300 area to reignite upside momentum. A break above the March 8/50-dma
resistance area at $1300.8/1303.3 would open the Mar 1 high and the 21-dma at
$1315.3/1311.0. To reignite downside momentum bears need to take out the Mar 5
low at $1280.9 to open the Feb 21 ytd lows at $1276.8 and the 38.2% retracement.

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