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Jan 23

TECHNICAL ANALYSIS BY NSFX 23.01.2015

By:

High:  Low: 

Silver is making a pullback on its 200SMA and the next resistance should be 18.63.  The metal just reached the overbought area in the RSI indicator. If profit taking will occur Silver could test 17.9  as a first relevant support, that is also the yesterday low.

R3
R2
R1
S1
S2
S3