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Apr 05

TECHNICAL ANALYSIS BY NSFX 05.04.2015

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High:  Low: 

The commodity last week could rise above both the 21SMA and the 55EMA. This was a bullish signal considering the slope of moving averages and confirmation of the positive short term trend should be the breakout of the 200SMA, now at 1222.  Below the 21SMA the shiny metal could test its 2015 low at 1142.6.

R3
R2
R1
S1
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S3