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Mar 25

TECHNICAL ANALYSIS BY NSFX 25.03.2014

By:admin

High:  Low: 

Gold has had a good bull run since New Year, but upside was capped two weeks ago in overbought market conditions. Yesterday, trend support was taken out and current support at 38.2% Fibo is tested. A close below could trigger next layer of support (50- and 200-day SMAs) around 1300.

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