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Finds Support From Above 76.4% Fibo......>

GOLD TECHS
GOLD TECHS: Finds Support From Above 76.4% Fibo Retrace Level At $1320.0
*RES 4: $1361.8 Feb 16 high
*RES 3: $1351.6 Feb 19 high
*RES 2: $1346.6 Feb 20 high
*RES 1: $1343.5 Hourly resistance
*PRICE: $1333.6 @0952GMT
*SUP 1: $1325.9 Feb 23 low
*SUP 2: $1320.0 76.4% Fibo of $1307.1-$1361.8
*SUP 3: $1318.1 Feb 14 low
*SUP 4: $1307.1 Feb 8 low
*COMMENTARY* Unable to find the ability to retest the year's $1366.2 high and
has been gradually suffering since. The latest fall back beneath $1344.9 allows
some further correction of recent gains from this month's $1307.1 base. In this
respect the 76.4% Fibo retrace level at $1320.0 and the Feb 14 low at $1318.1
now offer a potential reprieve. In the interim, resistance moves to
$1343.5-$1346.6 but back above $1351.6 needed to revive upside interest. 

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