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Jan 20

TECHNICAL ANALYSIS BY NSFX 20.01.2015

By:Nati

High:  Low: 

The shiny metal broke through resistance at 1240 Thursday last week and this could offer support going forward, should the 1256 give way. The 1265 area a possible area of support in the near term should there be a test lower. The resistance trendline joining March and July 2014 beyond this area at 1277/1280 currently seeing action. 1295/1300 eyed beyond for bullish traders.

R3
R2
R1
S1
S2
S3