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Sunday, November 19, 2006

Gold Update

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Dollar weakness seen with EUR/USD jumping to the higher 1.2840 levels, helping the precious metals to push slightly higher, It appears we shall see Buying interests today, with no US Economic Indicators today, we shall see much buying force, rejection of last week at MA100 levels, is the starting of 2nd wave, which is Technically been seen.
Main focus shall lye on Crude Oil, where its rally supports the Precious Metals.

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