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Jan 24

TECHNICAL ANALYSIS BY NSFX 24.01.2014

By:

High:  Low: 

Gold is testing the bearish supply line generated the end of August.  Above this level the shiny metal might test the 200SMA that is little below the price projection of  the breakout that should be in area 1360. If the breakout is not going to have success is likely a test of the 55EMA and below it the double bottom at 1180.

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