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Oct 24

TECHNICAL ANALYSIS BY NSFX 24.10.2013

By:

High:  Low: 

Gold is consolidating above its 21SMA and  the first relevant test would be in area 1400. Above this psychological  level there is the 200SMA at 1429. In case the shiny metal will depreciate area 1305 and then 1253 will work as support.

R3
R2
R1
S1
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S3