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Oct 05

TECHNICAL ANALYSIS BY NSFX 05.10.2014

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High:  Low: 

Gold if should trade below 1180 will trigger many new short positions and the shiny metal might dive to 1119 and 1057 in a short time frame. If the static support will be valid a trading range environment could be developed with resistance at 1240 and  1278.

R3
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R1
S1
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