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Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 28.05.2015
HIGH: | LOW:
Resistance holding recently at the 1.58 figure level, support at the 1.5620 area currently passed to the downside, with the 1.55 figure level of support also failing. We could see selling pressure push as low as the 100 and 50 day SMA areas in the 1.52 figure area.
TECHNICAL ANALYSIS BY NSFX 28.05.2015
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 28.05.2015
HIGH: | LOW:
Breaking through the 185 figure level of resistance, we now could see that level as an area of support . Bullish traders pushing past the 187.70 resistance level earlier this month, and we have could now see the December high of 189.70 offering support after being passed during yesterday's session.