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Dec 21

TECHNICAL ANALYSIS BY NSFX 21.12.2015

By:

High:  Low: 

We think the advance in Gold will start the week after Christmas. Ichimoku is heading down, Chinkou Span is below the chart, and the price is below the lines. Gold is being oversold and completed a 100% extension from the decline off the monthly high before reversing.

R3
R2
R1
S1
S2
S3