Broader uptrend intact *RES 4: $1522.7...>

GOLD TECHS: Broader uptrend intact

*RES 4: $1522.7 - Low Dec 2011

*RES 3: $1500.0 - Psychological round number

*RES 2: $1483.8 - 50% retracement of the Sep 2011-Dec 2015 decline

*RES 1: $1453.1 - High Jul 19

*PRICE: $1422.1 @ 06:14 BST Jul 25

*SUP 1: $1414.3 - Low Jul 23

*SUP 2: $1400.2 - Low Jul 17

*SUP 3: $1385.8 - Low Jul 9

*SUP 4: $1381.9 - Low Jul 1 and key support

Gold is bullish. The yellow metal cleared the top of its triangle formation last

Thursday that had developed since the high of Jun 25. A triangle is a

continuation pattern and suggested the sideways move would ultimately be

resolved to the upside. Despite trading back into the triangle, the outlook

remains bullish. Potential is for $1483.8, 50% of the Sep 2011-Dec 2015 decline

ahead of $1500.0. The bull trigger is $1453.1 while support lies at $1400.2.