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Bulls return *RES 4: $1617.1 - High......>

GOLD TECHS
GOLD TECHS: Bulls return
*RES 4: $1617.1 - High Apr 2013
*RES 3: $1600.0 - Psychological round number
*RES 2: $1587.0 - 61.8% retracement of the 2011 to 2015 decline
*RES 1: $1555.3 - Intraday high
*PRICE: $1542.4 @ 07:37 BST Aug 26
*SUP 1: $1492.6 - Low Aug 22
*SUP 2: $1479.7 - Low Aug 13 and key support
*SUP 3: $1471.4 - Low Aug 7
*SUP 4: $1453.1 - High Jul 19
Gold has confirmed a resumption of its uptrend clearing the former key
resistance at $1535.1, the Aug 13 high. This maintains the dominant price
sequence of higher highs and higher lows and the focus is now on a climb towards
the $1587.0 level, 61.8% retracement of the 2011 - 2015 decline. Support has
been defined at $1492.6, the Aug 22 low where a break is required to neutralise
the current rally and signal the potential for a corrective setback.

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