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Nov 19

TECHNICAL ANALYSIS BY NSFX 19.11.2013

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High:  Low: 

The shiny metal is trading on the trendline that was generated the 28th of June. It is an important area because below this dynamic support many stop losses can be triggered and send the commodity to test 1253 first and 1181 in case selling pressure should increase.  If buyers will lift the price 1310.62 is the first relevant target followed by the double top in area 1361.5 .

R3
R2
R1
S1
S2
S3