Outlook remains bullish *RES 4:..........>

GOLD TECHS: Outlook remains bullish

*RES 4: $1500.0 - Psychological round number

*RES 3: $1483.8 - 50% retracement of the Sep 2011-Dec 2015 decline

*RES 2: $1453.1 - High Jul 19 and key bull trigger

*RES 1: $1433.9 - High Jul 25

*PRICE: $1430.7 @ 06:58 BST Jul 31

*SUP 1: $1411.1 - Low Jul 25

*SUP 2: $1400.2 - Low Jul 17

*SUP 3: $1385.8 - Low Jul 9

*SUP 4: $1381.9 - Low Jul 1 and key support

No change in Gold as the yellow metal consolidates. The outlook is still bullish

and the focus is on the bullish breakout of the triangle formation on Jul 18.

This pattern developed following the high of Jun 25. A triangle is by definition

a continuation pattern and suggested the sideways move would ultimately be

resolved to the upside. Despite trading back into the triangle, the bullish

outlook holds. Potential is for 1483.8, ahead of 1500.0. Support lies at 1400.2.