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Dec 30

TECHNICAL ANALYSIS BY NSFX 30.12.2013

By:

High:  Low: 

The shiny metal failed to rise above the static resistance at 1213.06. Now the next test would be area 1181. Below it 1150 and then 1000. Only a breakout of the supply line generated the 28th of August could change the bearish market sentiment in a neutral or positive one.  Important the test of  the 200SMA in area 1340.

R3
R2
R1
S1
S2
S3