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Monday, October 16, 2006

Precious Metals Update

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Precious Metals trading in the Same range.
However the Daily Technical level suggests, we could see a push today, with USD weak today, and crude Oil playing in tight ranges.
The Physical Demand still remains, supporting the metals heavy.
Main Key for gold is
598 Resistance 1
601.7 - 200 MA
606.50 - Resistance 2

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