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Friday, September 01, 2006

Dangerous Fall for US Construction Spending

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A very Dangerous Fall
As we mentioned earlier
We could see 1.2830 level again, it is likely to get it touched back on that level

US Construction Spending Data gave a huge fall, Showing -1.2% vs -0.1% which in result gave USD a drop down.
This fall gives us hint of Economy in not good form.

We just advice Gold Trade Idea
620 Buy
Hold it , Keep good margin

Cheers. Watch for Bernake speech 14:00 GMT

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