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Thursday, July 13, 2006

Tension Increases in Mid-East

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Israeli warplanes early Friday bombed southern Beirut, home to the offices of Hezbollah and the group's leader, as the Israeli-Lebanese violence that has killed dozens of Lebanese civilians and 10 Israelis entered its third day.


Tensions are increasing day by day.
Crude Oil Moving high


Now what Actions we feel on Gold/Silver today that there would be Profit taking happening.
And then bringing Back price to same level again.
Right now Asia is Playing in Ranges (as we stated - $3-5 up and down)

Europe we feel do the Same.
NY shall pull back a little (profit take) and then make the price same level again

What we mention, is to cut Half Position.
And leave the half position.


If Profit taking occurs we eye at 650 level

We do also feel - there could be Slight Profit taking in Crude Oil today too.

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