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GOLD TECHS: Correcting After Rally Falters Below 9 Month Channel Top
*RES 4: $1340.5 Sep 11 high
*RES 3: $1334.5 Sep 14 high
*RES 2: $1327.6 Hourly recovery high Sep 15
*RES 1: $1315.7 Sep 14 low, now resistance
*PRICE: $1308.3 @0955GMT
*SUP 1: $1304.7 Sep 18 low
*SUP 2: $1297.3 Aug 31 low
*SUP 3: $1292.3 Aug 11 high, now support
*SUP 4: $1281.2 50% Fibo of $1204.8-$1357.7
*COMMENTARY* The pullback from the month's $1357.7 high continues, now reaching
down below $1311.6, a 76.4% Fibo retrace of the most recent gains from the Aug
31 low at $1297.3 and also the 2 month rising support line, at $1309.7 by time
today. This sees the Aug 31 low at $1297.3 as the next downside attraction. In
the interim, resistance falls to $1315.7, above needed for some near term