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Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 30.04.2015
HIGH: | LOW:
Breaking through the 181.70 level, and the coinciding downward trend-line connecting The Dec 14 and the Feb 15 highs. We could retest the 185 figure level highs set in Feb/Mar of this year.
TECHNICAL ANALYSIS BY NSFX 30.04.2015
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 1210 area going forward. Support in the 1180 level area expected should prices drop lower.
TECHNICAL ANALYSIS BY NSFX 30.04.2015
HIGH: | LOW:
Resistance towards the 1.5030 area finally giving way last week, and we could see this level again offering support in the near term. Trend-line resistance tested connecting the highs from July ’14 and Feb ’15 also giving way. Support expected towards 1.5325 going forward.