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Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 15.04.2015
HIGH: | LOW:
Support in the 1.0460 to 1.05 figure area expected. Should this level hold we could see some buying which may possibly retest the 50 day SMA beyond the 1.07 figure level. A break of the 1.0460 could then test the 1.04 figure, before the 1.0345 level can be eyed.
TECHNICAL ANALYSIS BY NSFX 15.04.2015
HIGH: | LOW:
Support expected towards the 1.4635 area, the low set in March. A fresh yearly low set yesterday at 1.4565 could be targeted should the March low give way. The 1.48 figure could offer resistance going forward.
TECHNICAL ANALYSIS BY NSFX 15.04.2015
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 1220 area going forward. Support in the 1200 psychological level giving way during yesterday's session.