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GOLD TECHS: Trendline support still......>

GOLD TECHS
GOLD TECHS: GOLD TECHS: Trendline support still holding
*RES 4: $1587.0 - 61.8% retracement of the 2011 to 2015 decline
*RES 3: $1557.3 - High Sep 4 and key resistance
*RES 2: $1528.3 - High Sep 6
*RES 1: $1524.3 - High Sep 12
*PRICE: $1502.1 @ 06:57 BST Sep 18
*SUP 1: $1484.6 - Low Sep 10 and just below t-line support drawn off May 30 low
*SUP 2: $1479.7 - Low Aug 13
*SUP 3: $1471.4 - Low Aug 7
*SUP 4: $1453.1 - High Jul 19
Gold is unchanged, still trading above its trendline support at $1495.4, drawn
off the May 30 low. The yellow metal has defined a key support at $1484.6, Sep
10 low. Clearance of this latter level would confirm a break of the trendline
and confirm a reversal of the recent 3-month uptrend opening $1479.7 initially.
Resistance is at $1524.3, Thursday's high. If the trendline holds and impulsive
gains above $1524.3 follow, this could see a bullish theme return.

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