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Oct 12

TECHNICAL ANALYSIS BY NSFX 12.10.2015

By:

High:  Low: 

The commodity made a breakout of the higher side of the symmetrical triangle and it may test soon the 200SMA, now at 1163.15. Above this area Gold can test 1204 and then 1230.  Below 1132 the shiny metal can test the lower side of the triangle and beneath this level it may test the multiple bottom in area 1080.

R3
R2
R1
S1
S2
S3