Analisi Tecnica

Mag 19

TECHNICAL ANALYSIS BY NSFX 19.05.2015

by: Nati

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 on Tuesday of last week, and we have seen trading around this level since.

19

TECHNICAL ANALYSIS BY NSFX 19.05.2015

by: Nati

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 expected should prices drop lower.

19

TECHNICAL ANALYSIS BY NSFX 19.05.2015

by: Nati

HIGH: | LOW:

Resistance holding last week at the 1.58 figure level, support at the 1.5620 area currently passed to the downside, with the 1.55 figure level a possible area of support going forward. Should this level fail we could see selling pressure to as low as the 100 and 50 day SMA areas in the 1.51 figure[...]