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Dec 23

TECHNICAL ANALYSIS BY NSFX 23.12.2015

By:

High:  Low: 

Gold price has broken above the short-term downward sloping channel and has given a new bullish signal. However, we see a significant amount of resistance all the way up to the 1100.00 level, so we are not ready to start buying quite yet.

R3
R2
R1
S1
S2
S3