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Dec 08

TECHNICAL ANALYSIS BY NSFX 08.12.2015

By:

High:  Low: 

Gold was trading at 1071.17. D1 is correcting upwards from its 6-year low having surpassed the support of the downtrend. Gold is still heavily oversold on its MACD and way below its 200 day moving average.

R3
R2
R1
S1
S2
S3