Iomega Corporation

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Friday, August 04, 2006

Gold Update - Plays very Tight

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Since Asia Morning,
We have been looking the gold/Silver prices, And they seem to be playing in very tight ranges.
As mentioned earlier to our Asian Clients, that we dont prefer taking any trade before the data (US Non-Farm Payrolls)
However, we feel, its much better to trade After Aug8, for a more clear picture.
Those who did enter at 640 level, we shall mention them to hold with a Stop Order at 634 range.

We Shall Advice further.

Cheers.

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