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Oct 23

TECHNICAL ANALYSIS BY NSFX 23.10.2015

By:

High:  Low: 

As we can see on the H4 chart, gold slid yesterday, falling below the support barrier 1170 (R1). The near term technical posture continues to slightly favor the gold market bulls. Short term forecast: We can expect resistance from Tenkan-Sen.

R3
R2
R1
S1
S2
S3