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Uptrend Extends *RES 4: $1869.1 -........>

GOLD TECHS
GOLD TECHS: Uptrend Extends
*RES 4: $1869.1 - 2.236 projection of the Jun 5 - 11 rally from Jun 15 low
*RES 3: $1851.7 - 2.000 projection of the Jun 5 - 11 rally from Jun 15 low
*RES 2: $1840.0 - Round number resistance
*RES 1: $1834.3 - 1.764 projection of the Jun 5 - 11 rally from Jun 15 low
*PRICE: $1824.0 @ 10:23 BST Jul 21
*SUP 1: $1806.0 - Low Jul 20
*SUP 2: $1790.8 - Low Jul 14 and key near-term support
*SUP 3: $1788.1 - 20-day EMA
*SUP 4: $1757.8 - Low Jul 2
Gold continues to trade higher having started the week on a firm note.
Underlying bullish conditions remain intact. The yellow metal has cleared
$1800.0 and recent gains have maintained the current positive price sequence of
higher highs and higher lows that defines an uptrend. Attention turns to $1834.3
next and $1851.69 further out, both Fibonacci projections. Key trend support is
at $1790.8, Jul 14 low.

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