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Dec 04

TECHNICAL ANALYSIS BY NSFX 04.12.2013

By:

High:  Low: 

Gold is trading 13$ away from 1300.  A test of 1181 $/ounce appear likely now and below it  the closest significant support areas areas at 1156 and 1058.  If  buyers should get in control of the shiny metal a pull back of area 1279 could be the first significant resistance folllowed by  1370, a coincidence of the 200SMA and a multiple top.

 

R3
R2
R1
S1
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S3