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Apr 16

TECHNICAL ANALYSIS BY NSFX 16.04.2014

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Yesterday the commodity increased its intraday range and it closed off its intraday low above the 200SMA.  Now the shiny metal is struggling to regain 1300 area and above 1330 it can soar to the 2014 top at 1393.52. Below 1279 many stop losses will be triggered and Gold could drop to 1236.

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