Looking For Gains *RES 4: $1796.1 -......>

GOLD TECHS: Looking For Gains

*RES 4: $1796.1 - High Oct 2012 and a major resistance

*RES 3: $1765.4 - High May 18 and key resistance

*RES 2: $1754.0 - High May 20

*RES 1: $1745.4 - High Jun 2

*PRICE: $1727.3 @ 06:54 BST Jun 19

*SUP 1: $1704.2 - Low Jun 15 and key intraday support

*SUP 2: $1671.0 - Low May 1 and key support

*SUP 3: $1659.6 - Low Apr 21

*SUP 4: $1640.9 - Low Apr 8

Gold is unchanged and consolidating. The yellow metal maintains a bullish tone

for now, with the recovery off the Jun 5 low of $1671.0 still intact. Price last

week cleared resistance at $1721.5, Jun 4 high offsetting recent bearish

signals. This refocuses attention on resistance at $1745.4, Jun 2 high and

$1765.4, the key May 18 trend high. Key support and the bear trigger lies at

$1671.0. A break would reinstate a S/T bearish threat.