TECHNICAL ANALYSIS BY NSFX 07.03.2014
The metal is trading near its 2014 high and if it should rise above this week top might test 1363. A breakout of this level could bring the commodity to 1400. August top at 1432 could be considered and intermediate target in this rally of the shiny metal. If selling forces should create a correction 1300 area is a coincidence of both a demand line and a 200SMA . Below this level then 1267 and then 1235 are considered valid supports.