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The yellow metal is off the overnight....>

GOLD TECHS
GOLD TECHS: The yellow metal is off the overnight highs and has for now left two
important resistance levels untouched and in place.
- $1573.7 and 1582.6 mark the 50% and 61.8% retracement levels of the Jan 8 -
Jan 14 sell-off.
- While these remain in place (the 61.8% level being the more important), recent
gains are most likely corrective.
- Attention turns to support at $1548.1, Jan 16 low.
- A break would expose the key bear trigger at $1536.0, Jan 14 low.

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