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Jan 28

TECHNICAL ANALYSIS BY NSFX 28.01.2016

By:

High:  Low: 

Price surged past the top of early 2016’s rally at 1124.71. The rally, however, stalled inside a major retracement zone and after the test of a long-term down trending angle. On hourly charts, gold is seen breaking lower.

R3
R2
R1
S1
S2
S3