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Oct 18

TECHNICAL ANALYSIS BY NSFX 18.10.2013

By:Nati

High:  Low: 

Yesterday saw Gold increase in price by $40 dollars an ounce over a short period of time, breaking through a resistance trend-line in the process. Today sees an area of resistance offered in the region of the 100 day SMA 1328 at present. A close below a support level at 1300 could reenter bearish territory.

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