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Apr 16

TECHNICAL ANALYSIS BY NSFX 16.04.2015

By:Nati

High:  Low: 

Should the price of gold decline further we could see the development of a head and shoulders pattern on the daily chart. Resistance expected towards the 1220 area going forward. Support in the 1200 psychological level area expected.

R3
R2
R1
S1
S2
S3