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Thursday, August 17, 2006

Gold couldnt hold long at 625

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625 couldnt hold for long, and came towards 622 level.
Its around the same level, as it went earlier.
At these levels, it comes in to the boundary of OverSold.
We have around 1 Hour for Philly Fed, Shall see how the market reacts after that.

Gold/Silver were having Hard time to cross the resistance levels.
And now they come to low levels, to gain more support.
Its a tiny Zig-Zag game going on.
This week, was a very slow paced, tight range game.

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