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Oct 25

TECHNICAL ANALYSIS BY NSFX 25.10.2013

By:

High:  Low: 

Is consolidating above the 55EMA at 1342.10 and the next test is at 1374. If buyers will win this price area then the shiny metal should test 1400  and the target of this rally might be 1434, the top reached the 28th of August. In the same area there is also the 200SMA. If the commodity should retrace area 1329.27  and 1300 should be the most valid support levels.

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