Correcting Lower As Rally Falters........>

GOLD TECHS: Correcting Lower As Rally Falters Below 9 Month Channel Top

*RES 4: $1334.5 Sep 14 high

*RES 3: $1322.7 Sep 12 low, now resistance

*RES 2: $1316.2 Sep 20 high

*RES 1: $1304.7 Sep 18 low, now resistance

*PRICE: $1295.8 @0943GMT

*SUP 1: $1288.1 Sep 21 low

*SUP 2: $1281.2 50% Fibo of $1204.8-$1357.7

*SUP 3: $1274.7 Aug 25 low

*SUP 4: $1267.4 Aug 15 low

*COMMENTARY* After breaking below the 2 month rising support line last week, the

fall has found some support from $1288.1, as we correct gains from the Jul 10

low at $1204.8. To be of any substance however, will need to see a recovery

through $1304.7, the underside of that support line residing at the higher

$1317.9 by time today. Below $1288.1 and the fall can continue, the 50% Fibo

retrace at $1281.2, the next level of note, ahead of the Aug 25 low at $1274.7.