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Pullback Halted, Watching................>

GOLD TECHS
GOLD TECHS: Pullback Halted, Watching $1314.4-$1319.9 Resistance
*RES 4: $1334.5 Sep 14 high
*RES 3: $1322.7 Sep 12 low, now resistance
*RES 2: $1319.9 Broken support line
*RES 1: $1314.4 Sep 15 low, now resistance
*PRICE: $1307.8 @0720GMT
*SUP 1: $1299.1 Sep 22 high, now support
*SUP 2: $1288.1 Sep 21 low
*SUP 3: $1281.2 50% Fibo of $1204.8-$1357.7
*SUP 4: $1274.7 Aug 25 low
*COMMENTARY* After breaking below the 2 month rising support line last week, the
fall has found some support from $1288.1, as we correct gains from the Jul 10
low at $1204.8. To be of any substance however, will need to see a recovery
through $1314.4 and then the underside of that support line residing at the
higher $1319.9 by time today. Nearest support now derived from last Friday's
$1299.1 high.

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