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Tuesday, October 17, 2006

Gold Update

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Earlier today, gold hit the Resistance 1 Zone 598 level, and couldnt be pushed higher.
It is Important for it to cross this level sooner, to aim for 200 MA and 606.50
Crude Oil is up today above $60, which provides good support for the moment to Precious Metals, and Weakness in Dollar due to Industrial Production, shall mantain the support.

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