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Pivoting Around 1300 *RES 4: $1346.8 -...>

GOLD TECHS
GOLD TECHS: Pivoting Around 1300
*RES 4: $1346.8 - High Feb 20 
*RES 3: $1330.0 - High Feb 27
*RES 2: $1318.98 - T-line res off Apr highs 
*RES 1: $1310.17/1311.3 - 21-dma/High Mar 13
*PRICE: $1302.76 @ 07:30 GMT Mar 15 
*SUP 1: $1288.11 - 76.4% 1280.94-1311.33
*SUP 2: $1280.9 - Low March 7 
*SUP 3: $1276.8 - Low Jan 21/38.2% retracement 
*SUP 4: $1271.97 - 100-dma 
Gold has traded either side of 1300 overnight. Initial support is located at the
76.4% retracement at 1288.11. Below here targets trendline support & the Mar 7
low at 1280.90. Bulls will be buoyed by the move back over $1300, and now look
to the 21-dma and Mar 13 high at $1310.17/1311.3.  
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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