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GOLD TECHS: 'Doji' Candle Close After Fall Held Above 50% Fibo Level
*RES 4: $1366.2 Jan 25 high
*RES 3: $1361.8 Feb 16 high
*RES 2: $1351.6 Feb 19 high
*RES 1: $1341.1 Feb 26 high
*PRICE: $1323.8 @1635GMT
*SUP 1: $1321.2 Mar 1 high, now support
*SUP 2: $1311.2 Feb 9 low
*SUP 3: $1307.1 Feb 8 low
*SUP 4: $1302.8 Mar 1 low
*COMMENTARY* Found support at $1302.8 last Thursday, just ahead of the 50% Fibo
retrace level at $1301.4. This of the preceding $1236.6-$1366.2 rise. The
subsequent recovery has been aided by the appearance of a potentially bullish
'Doji' candle close on the daily chart last Thursday. Yesterday's move back
above $1332.1, now allows the chance of a better $1341.1-$1351.6 rise. Above the
latter then needed to reinvigorate the upside. Nearest support $1321.2-$1311.2.

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