/ 

Sep 17

TECHNICAL ANALYSIS BY NSFX 17.09.2013

By:

High:  Low: 

Gold bounced after buyers went in the market near psychological level 1300. Now the  main resistance is the 200SMA in area 1332.  In case the metal should go above that level the next resistance would be the lower band of the channel.  Below 1300, next support  the ascending bottom developed in the channel in area  1270.

R3
R2
R1
S1
S2
S3