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Aug 02

TECHNICAL ANALYSIS BY NSFX 02.08.2015

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High:  Low: 

Gold found support in area 1080 and might test 1100. Above this level there is a significant static resistance in area 1142. A breakout of this level can bring the shiny metal to test the medium term supply line generated last May. Below 1080 the commodity can test 1030 and then 1000, a psychological level that should trigger relevant buy orders.

R3
R2
R1
S1
S2
S3