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Nov 23

TECHNICAL ANALYSIS BY NSFX 23.11.2014

By:

High:  Low: 

Gold found resistance on the 55EMA and above this level can test 1258.  Above 1300 the shiny metal could be considered out of a bearish trend. Below 1182 selling pressure might increase and the commodity can test the 2014 low at 1131. Below this level there is a 1060 static support.

R3
R2
R1
S1
S2
S3