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Gravestone doji still in place *RES 4:...>

GOLD TECHS
GOLD TECHS: Gravestone doji still in place
*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 - High Aug 26
*PRICE: $1540.4 @ 07:25 BST Aug 28
*SUP 1: $1521.9 - Low Aug 27
*SUP 2: $1492.4 - Low Aug 22
*SUP 3: $1479.7 - Low Aug 13 and key support
*SUP 4: $1471.4 - Low Aug 7
Gold resumed its uptrend Monday clearing $1535.1, the Aug 13 high. This
maintains a bullish outlook with the price sequence of higher highs and higher
lows intact. The focus is on $1587.0, 61.8% 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. Note a bearish candle formation, a gravestone doji
was confirmed on Monday's close and is a potential bearish warning sign.

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