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May 13

TECHNICAL ANALYSIS BY NSFX 13.05.2014

By:

High:  Low: 

The commodity failed to rise above the flat group of moving averages. Is likely a retracement to 1266 where buyers might create a trading range scenario, but below 1266 selling pressure could accelerate to 1230 and then to 1182. Above 1300 the shiny metal could rise to 1330 and then to 1387.

R3
R2
R1
S1
S2
S3