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Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 02.06.2015
HIGH: | LOW:
Should the price of gold decline further we could see the development of a head and shoulders pattern on the daily chart. Resistance expected towards the 1225 area going forward. Support in the 1200 level area giving way yesterday, the 1180 area could now offer support.
TECHNICAL ANALYSIS BY NSFX 02.06.2015
HIGH: | LOW:
We see selling pressure push as low as the 100 day SMA offering support currently at 1.5160 A break below could see the 1.51 figure level and then the 1.5030 area come into play. Should bullish sentiment we could see resistance in the 1.5325 area and then the 200 day SMA area at 1.54
TECHNICAL ANALYSIS BY NSFX 31.05.2015
HIGH: | LOW:
The commodity closed above its 200SMA but a confirmation of the bullish trend will be the breakout of the 2015 high 62.9. Above this level Crude Oil might test 70. Below the 55EMA, now at 56.9 the commodity can slide to 54.2 and then test 50. The RSI level is far from being overbought and[...]