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Thursday, August 24, 2006

New Home Sales Gives a fall

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New Home Sales gives a fall as always.

Gold, Silver would move up.
They might take a small dip, to technical Correct itself, as its not yet technicall correct.
Could go back to its Support lane, And shall move ahead.

Market will adjust for few minutes, And then start its working.
As we dont have any more Datas today. So market will adjust, and start the gradual Push.

If you see yesterday, how was the reaction, same thing like would happen today.
If you remember when Existing Home Sales came, it went down, And then started pushing up slightly again.
Could see the same thing, as Technical Picture isnt yet satisfactory.

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