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Monday, July 31, 2006

Gold/Silver Play in Range

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Gold / Silver playing in Ranges.

US Data didnt effect much.
However, we dont have any US Data coming up ahead, giving such Big Importance.

We Expect gold/Silver to continue playing in Ranges

630/632 - Gold is building good support there.
If it crosses below that, we shall see Gold going towards 620-622 level range.

Since the Asia Morning gold playing 632 - 636 range during European and NY Opening.

We shall advice further, However, it looks today gold will play in similar ranges

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