Iomega Corporation

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Monday, January 01, 2007

Gold Update

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Gold continues to surge higher since staging a trend reversal from 612.17, Dec 18 low.

An immediate break of 638.10, Dec 8 high, will open up scope for 641.10, Dec 6 high before testing the key trend-line resistance at 645.40.

Intraday dips should stall above 632.30, Dec 29 low and only a loss of 627.00, Dec 28 low dampens for 618.20, Dec 21 low.

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