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Feb 08

TECHNICAL ANALYSIS BY NSFX 08.02.2016

By:

High:  Low: 

Gold tested a critical resistance zone on Friday at 1156.00 where the 78.6% retracement of the October decline converges on basic trend line resistance extending off the May high, the operative upper median-line parallel extending off the December high.

R3
R2
R1
S1
S2
S3