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Jan 22

TECHNICAL ANALYSIS BY NSFX 22.01.2014

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The commodity is falling today as well after yesterday negative session . Now is likely to test  1230 $/ounce and below this dynamic level there is the double bottom at 1180. If the shiny metal should rise then it will have to test the supply line in area 1270. Above it the 200SMA daily is now at 1320.

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