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Jan 09

TECHNICAL ANALYSIS BY NSFX 09.01.2014

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High:  Low: 

Gold is reducing its daily range and and likely this compression of volatility is like a spring that will unleash a wide price move.  A breakout above the supply line generated the 28th of August can lift the shiny metal to test the 200SMA in area 1330. Below 1181 the bear market will make the commodity to dive even to 1000 as a target price.

R3
R2
R1
S1
S2
S3