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Mar
16
TECHNICAL ANALYSIS BY NSFX 16.03.2014
By:
High: Low:
The shiny metal after the brekout of the supply line at 1360 has a good chance to be in a bull market again considering that the 55EMA is crossing the 200SMA. A confirmation will be given above the 1434 static resistance because this level is seen as a long term trading range price level. If a correction should occur the commodity might test 1337 and below it the 200SMA at 1300.
R3 | |
R2 | |
R1 |
S1 | |
S2 | |
S3 |