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Feb 23

TECHNICAL ANALYSIS BY NSFX 23.02.2016

By:

High:  Low: 

Gold reversed off 12-month highs last week at the confluence of the 78.6% retracement of the 2015 range, the broader 23.6% retracement of the decline off the 2011 record highs and basic trend-line resistance extending off the late-2013 high at 1251.00.

R3
R2
R1
S1
S2
S3