Bullish outlook holds *RES 4: $1500.0....>

GOLD TECHS: Bullish outlook holds

*RES 4: $1500.0 - Psychological round number

*RES 3: $1483.8 - 50% retracement of the Sep 2011-Dec 2015 decline

*RES 2: $1453.1 - High Jul 19

*RES 1: $1433.9 - High Jul 25

*PRICE: $1415.0 @ 06:45 BST Jul 26

*SUP 1: $1411.1 - Low Jul 25

*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 lower, however the outlook remains bullish. The yellow metal cleared the

top of its triangle formation on Jul 18 that had developed since the high of Jun

25. A triangle is by definition a continuation pattern and suggested the

sideways move would ultimately be resolved to the upside. Despite trading back

into the triangle, the bullish outlook holds. Potential is for $1483.8, ahead of

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