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Apr 28

TECHNICAL ANALYSIS BY NSFX 28.04.2014

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Today the commodity is trading in a 5$ dollar range and there is a compression of volatility considering what happened the last week. Above 1300 there is a probability of a short term rally to 1330 and then to 1363. A selloff below 1300 would bring the shiny metal to test 1278 as a first support and then 1231.

R3
R2
R1
S1
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S3