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Maintains A Bullish Outlook *RES 4:......>

GOLD TECHS
GOLD TECHS: Maintains A Bullish Outlook
*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: $1726.2 @ 06:30 BST Jun 15
*SUP 1: $1708.1 - Low Jun 10
*SUP 2: $1671.0 - Low May 1
*SUP 3: $1659.6 - Low Apr 21 and key support
*SUP 4: $1640.9 - Low Apr 8
Gold is consolidating but maintains the recovery off the Jun 5 low of $1671.0.
The yellow metal 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 move below this support would reinstate a key short-term
bearish threat.

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