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Sep 28

TECHNICAL ANALYSIS BY NSFX 28.09.2014

By:

High:  Low: 

The commodity is trading in a 30$ range and is likely that when a breakout will happen volatility will spike again. Below 1205 it should test the multiple bottom in area 1182 and then if this support will fail the shiny metal might dive to 1050. Above 1235 the metal can rise to 1268 and test the lower side of the triangle.

R3
R2
R1
S1
S2
S3