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Uptrend still intact *RES 4: $1500.0 -...>

GOLD TECHS
GOLD TECHS: Uptrend still intact
*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: $1423.3 @ 07:00 BST Jul 30
*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,
that had developed since 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.

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