Key Resistance To Watch Is $1519.8.......>

GOLD TECHS: Key Resistance To Watch Is $1519.8

*RES 4: $1572.2 - 1.618 projection of Oct 1 - Oct 3 rally from Oct 11 low

*RES 3: $1557.3 - Trend high Sep 4

*RES 2: $1535.8 - High Sep 24

*RES 1:$1519.8 - High Oct 3 and key near-term resistance

*PRICE: $1509.8 @ 07:20 BST Nov 1

*SUP 1: $1481.0 - Low Oct 30

*SUP 2: $1473.9 - Low Oct 11

*SUP 3: $1459.0 - Low Oct 1 and bear trigger

*SUP 4: $1436.8 - Low Aug 5

Gold was firmer yesterday. Attention turns to the immediate key resistance of

$1519.8, Oct 3 high where a break is needed reinstate a bullish outlook. A

breach would open $1535.8, Sep 24 high as the first objective. For bears, a

failure ahead of $1519.8 is required to resume the recent focus on support at

$1473.9, Oct 11 low. Clearance of this level would in turn highlight the

resumption of a bearish theme and open primary support at $1459.0.