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Nov 13

TECHNICAL ANALYSIS BY NSFX 13.11.2013

By:admin

High:  Low: 

Gold has had three negative days so far, but has come back a tad overnight after short term momentum indicators went into oversold territory and bids were found around 1260. Overall trend is still bearish though, and unless we see a close above 1290 today, downside is still favorable for a sell-on-rallies strategy.

R3
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R1
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