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Jan 23

TECHNICAL ANALYSIS BY NSFX 23.01.2014

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The shiny metal is up today and found support on the 21SMA. Next test the 55EMA and then the supply line generated on August 2013 that is just off 20$ from current market price. A retracement will find support at 1211. Below 1180 many stop losses will be triggered and another selling wave will occur.

R3
R2
R1
S1
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S3