Bullish Focus *RES 4: $1796.1 - High.....>

GOLD TECHS: Bullish Focus

*RES 4: $1796.1 - High Oct 2012 and a major resistance

*RES 3: $1765.4 - High May 18 and key resistance

*RES 2: $1754.0 - High May 20

*RES 1: $1745.4 - High Jun 2

*PRICE: $1728.2 @ 06:47 BST Jun 18

*SUP 1: $1704.2 - Low Jun 15 and key intraday support

*SUP 2: $1671.0 - Low May 1 and key support

*SUP 3: $1659.6 - Low Apr 21

*SUP 4: $1640.9 - Low Apr 8

Gold managed to find support on Monday and is consolidating. The yellow metal

for now maintains a bullish tone, with the recovery off the Jun 5 low of $1671.0

still intact. Price last week cleared resistance at $1721.5, Jun 4 high

offsetting recent bearish signals. This refocuses attention on resistance at

$1745.4, Jun 2 high and $1765.4, the key May 18 trend high. Key support and the

bear trigger lies at $1671.0. A break would reinstate a S/T bearish threat.