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Friday, November 10, 2006

Precious Metals FUTURES Update

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Gold Futures gently consolidating towards 629/632 but still on solid ground after yesterdays massive move.
Market is convinced we are going higher and is on a buy on dip mentality.
Resistance at 637/8 if broken up 642 could stop momentary the Market.

Silver Futures tested support at $12.93 if it hold 13.40 next, otherwise 12.50/60 solid support

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