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Apr 14

TECHNICAL ANALYSIS BY NSFX 14.04.2014

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The shiny metal gapped up in the opening and might close the gap at 1317.  The 200SMA now is flat at 1300 and below this support the sentiment could switch to negative. Significant resistance at 1363 and then 1387. The target of  a rally could be 1431 and then Gold would be considered in a long term trading range price pattern.

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