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Feb 04

TECHNICAL ANALYSIS BY NSFX 04.02.2016

By:

High:  Low: 

It seems that gold has lost the upside momentum as it approached 61.8% Fibo located at 1145.00, which appears on the RSI, while the ADX indicator shows some weakness in the upside trend despite its continuation.

R3
R2
R1
S1
S2
S3