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Nov 22

TECHNICAL ANALYSIS BY NSFX 22.11.2013

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Gold closed yesterday off its intraday low but in negative territory. Today is trading in a 5$ range. The trend is bearish and the 1181 area target is not far and could be reached in a short time frame.  However is possible to see a rally/pullback to 1280 area.

R3
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R1
S1
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