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May 02

TECHNICAL ANALYSIS BY NSFX 02.05.2015

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High:  Low: 

The commodity failed to rise above its 200SMA and then made a multiple top in area 1215. The medium term demand line might be tested in area 1150 and below this level the shiny metal can slide to 1100 and then to 1070. Above 1220 Gold can test 1258 and then area 1310.

R3
R2
R1
S1
S2
S3