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Jan 10

TECHNICAL ANALYSIS BY NSFX 10.01.2014

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Gold is trading in the middle of the range 1213-1251 and now is 50$ off the double bottom at 1181. A breakout of the supply line generated the 28th of August can lift the price to 1330 area. If a new selling wave should break the 1181 support the shiny metal might drop to 1150 and then to 1000.

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