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May 15

TECHNICAL ANALYSIS BY NSFX 15.05.2014

By:

High:  Low: 

The metal is trading in a symmetric triangle and the most relevant moving averages are flat. If a buyers will lift the shiny metal is likely a test at 1342 and then 1387.  Below the lower side of the triangle the commodity could drop to 1236  and then to test the double bottom in area 1183.

R3
R2
R1
S1
S2
S3