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Wednesday, July 26, 2006

Dollar Weakness could lead Push to Gold

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We dont see Middle East tension getting easing, If such tensions occuring further, and dollar continues its weakness, we shall see a push in the gold.
However, there is a Good resistance at around 626/628 range level.
Crossing that Emerges a new Push Upward.

We feel a dip shall occur, for a new Entry.
Asia shall play mostly in ranges.
European players shall await mostly for the US Data coming tonight
NY Players shall react further after the release of the Data

We Shall Advice further.

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