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Dec 18

TECHNICAL ANALYSIS BY NSFX 18.12.2013

By:

High:  Low: 

The shiny metal in the last trading session could not break  the supply line that was generated  the 10/12. A breakout of this level could lift the pair to 1266 $/ounce first and then to 1300.  A static support has been generated  in area 1211 and below it the probability to test the 2013 low and thus to make a double bottom in area 1280 $/ounce will soar.

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R1
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