Support Found *RES 4: $1319.3 - High.....>

GOLD TECHS: Support Found

*RES 4: $1319.3 - High Mar 27 

*RES 3: $1312.3 - High Mar 28 

*RES 2: $1306.3 - 55-dma 

*RES 1: $1299.9 - High Mar 29 

*PRICE: $1293.5 @ 06:37 GMT Apr 1 

*SUP 1: $1286.8/0 - Low March 29/Neckline support from Jan 25 low

*SUP 2: $1280.9/1 - Low March 7/100-dma

*SUP 3: $1276.8 - Low Jan 21/38.2% retracement 

*SUP 4: $1253.6 - 50% retracement 

Gold has found some support after last week's declines with Friday's low and

neckline support form the March 25 low coming in at $1286.8/0. Above here puts

the focus back on the $1300 level to stabilise the outlook, opening the 55-dma

at $1306.3 Below the $1286.8/0 would spell trouble for the bears, triggering a

topping pattern and suggesting a run at the Mar 7 low at $1280.9, ahead of the

100-dma at $1280.2.