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Nov 12

TECHNICAL ANALYSIS BY NSFX 12.11.2013

By:admin

High:  Low: 

Gold is continuing its downtrend from late October, finding support at the 23.6% Fibonacci level at 1277.50 in the wave from 1251-1362 wave.A close below this level will open up for a test of wave lows. Daily Stochastics in oversold territory, but no signs of divergence yet.

R3
R2
R1
S1
S2
S3