/ 

Apr 17

TECHNICAL ANALYSIS BY NSFX 17.04.2014

By:

High:  Low: 

After Tuesday price spike Gold made higher lows and is struggling to stay above its 200SMA. If a rally should occur the shiny metal will find the first resistance at 1331 then at  1387.  Below  1274 selling pressure might accelerate to test 1236 area.

R3
R2
R1
S1
S2
S3