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Jan 12

TECHNICAL ANALYSIS BY NSFX 12.01.2016

By:

High:  Low: 

Gold surged to the upside, but the rally stalled at 1094.18, slightly below the major 50% level at 1095.30. Gold stabilized above 38.2% Fibonacci at 1101.00, which is positive and the bullish signals appear on ADX along with trading above moving averages.

R3
R2
R1
S1
S2
S3