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Gold Rise and Other Markets

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FYI...

 

**************************************************

Wed Jan 11, 2006 05:18 ET

 

SWISSY is supported at 2790 and sees resistance at 2870. EURO is

supported at 2020 and beneath is 1965/80 area which is likely.

Resistance for this pair is seen at the 2080/90 area. GOLD finds

support in the 530's. A break there takes us to 518ish. Gold should

remain strong into the end of next week. Upside, should 550 give

way, is the 565/580 resistance band that is likely to suppress the

rapid climb seen over the last few weeks. The majors are likely to

remain in a consolidative/corrective phase against USD in the mid-

term. USD/JPY seems geared to test the 115.50 mark.

**************************************************

 

The key points folks - gold remains strong till next week, dollar

remains weak.

 

 

Best wishes, GL & GT

 

Vyas

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in an effort to learn, what natal dates are you

using in this analysis?

many thanks for your contribution and all others on

this list,

tom

 

--- vyasmunidas <muni> wrote:

 

> FYI...

>

> **************************************************

> Wed Jan 11, 2006 05:18 ET

>

> SWISSY is supported at 2790 and sees resistance at

> 2870. EURO is

> supported at 2020 and beneath is 1965/80 area which

> is likely.

> Resistance for this pair is seen at the 2080/90

> area. GOLD finds

> support in the 530's. A break there takes us to

> 518ish. Gold should

> remain strong into the end of next week. Upside,

> should 550 give

> way, is the 565/580 resistance band that is likely

> to suppress the

> rapid climb seen over the last few weeks. The majors

> are likely to

> remain in a consolidative/corrective phase against

> USD in the mid-

> term. USD/JPY seems geared to test the 115.50 mark.

> **************************************************

>

> The key points folks - gold remains strong till next

> week, dollar

> remains weak.

>

>

> Best wishes, GL & GT

>

> Vyas

>

>

>

>

 

 

 

 

 

 

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