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Layers of Support $1318.3-1329.6 *RES....>

GOLD TECHS
GOLD TECHS: Layers of Support $1318.3-1329.6
*RES 4: $1351.3 - High Feb 19 
*RES 3: $1344.7 - Low Feb 16 now resistance 
*RES 2: $1340.7 - High Feb 26 
*RES 1: $1335.7 - Bollinger band top
*PRICE: $1332.4 @ 2030GMT
*SUP 1: $1329.6 - 55-DMA 
*SUP 2: $1322.8 - 21-DMA 
*SUP 3: $1318.3 - High Mar 20 now support 
*SUP 4: $1305.6 - 100-DMA
*COMMENTARY: Support emerging on dips back towards the 100-DMA has provided the
base for an aggressive break of key DMAs with focus having returned to layers of
resistance $1340.7-1351.3. The Bollinger top is the key concern for bulls.
Layers of support have been left in the wake with bears now needing a close
below $1318.3 to shift focus back to $1302.5-1305.6 where the 100-DMA is
located.

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