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Pullback Extends *RES 4: $1388.0 -.......>

GOLD TECHS
GOLD TECHS: Pullback Extends
*RES 4: $1388.0 - High Mar 14, 2014 
*RES 3: $1365.2 - High April 11 
*RES 2: $1360.0 - Downtrend resistance from July 11 high 
*RES 1: $1326.3 - High Jan 31 
*PRICE: $1304.3 @ 06:10 GMT Feb 7 
*SUP 1: $1298.6 - High Jan 4, now support 
*SUP 2: $1276.8 - Low Jan 21 
*SUP 3: $1271.3 - 55-dma 
*SUP 4: $1245.8 - 200-dma 
Gold's corrective pullback has extended towards the Jan 4 high at $1289.6, and a
break would see bears target the Jan 21 low at $1276.8 to mount a bearish
reversal. Below here opens the 55-dma at $1271.3, ahead of the 200-dma at
$1245.8. Bulls look to recover Jan 31 high at $1326.3, above here brings down
trendline resistance from the July 11 high into play at $1360.0. 

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