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Aug 31

TECHNICAL ANALYSIS BY NSFX 31.08.2014

By:

High:  Low: 

Gold found support on the lower side of the symmetrical triangle but could not rise above its 200SMA. If a breakout will happen then the commodity might test  the higher side of the triangle. Below 1270 the shiny metal might find 1240 area as a first support.

R3
R2
R1
S1
S2
S3