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May 26

TECHNICAL ANALYSIS BY NSFX 26.05.2014

By:

High:  Low: 

Gold still trading inside the symmetrical triangle and volatility is reduced. A breakout above or below the 2 sides likely will kick off a momentum trading environment. The target of a bearish wave should be the double bottom in area 1182. In case buyers will lift the commodity the shiny metal might reach 1391 and then 1432.

R3
R2
R1
S1
S2
S3