Wednesday, September 13, 2006

CONSOLIDATION AT LAST BUT THEN............

GOLD AND SILVER WERE BOTH SEEN CONSOLIDATING YESTERDAY WITH GOLD HOLDING SPOT $585 ON CLOSING BASIS. GOLD SHOULD TRADE INA A RANGE TODAY WITH $580.00 SPOT HOLDING AND $609 SPOT AS RESISTANCE. THERE IS NOTHING MUCH TO SAY AT THE MOMENT BUT A WORD OF CAUTION " DON'T BECOME OVERTLY BULLISH AT THE MOMENT"

SILVER HAS THE SAME OLD STORY OF FOLLOWING GOLD.THE WHITE METAL WAS ALSO SEEN CONSOLIDATING AT COMEX $11.00 AND $11.20.THIS SHOULD CONTINUE FOR THE DAY BUT WITH GOLD AND ENBERGY SUPPORTING WE COULD SE A SPIRT TO $11.64 TODAY WITH $11.00 ACTING AS KEY SHORT TERM SUPPORT.

TRADING TIP " TRADE IN SHORT BURSTS TODAY"

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