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Apr 13

TECHNICAL ANALYSIS BY NSFX 13.04.2014

By:

High:  Low: 

Gold last week could rise above both the 21SMA and the 55EMA.  If the retracement from the 2014 top should be considered finished the metal could rise to 1363 and then to 1392. Below 1278 the commodity might fall sharply to 1200.

R3
R2
R1
S1
S2
S3