The Goldring E3 is a FANTASTIC cartridge! I've been touting it on here for awhile now. Everyone should get to hear one. It's really something special. Should work fine with the Technics, however, it's really owed a nice headshell.
I'm assuming you're using the stock Technics headshell? PLEASE get a decent aftermarket headshell, (and wires if the headshell doesn't come with any good ones). The cart deserves it.