Calls/puts on Energy, Gold, Silver, Chindia Stocks Message Board

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Strategies & Market Trends : Calls/puts on Energy, Gold, Silver, Chindia Stocks

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From: tombradley	6/13/2006 1:26:32 AM
	of 1

AUG GOLD Resist: 621-623, 62530, 635-636 ST Trend: Down (61280) Supprt: 609-, 600+/-?, 59420* Obj: 609 ACHD/59420? TRP: 65640 oxfordfutures.com The market is bearish with Thursday's outside bear day still injecting pressure on trade to test against 609* support. A close under 609* warns for a washout to seek an extreme retracement against 59420* monthly support. Look for a bottom off 59420* support. We may see minor corrections off 609* and swing back inside Thursday's decline, but a close over 62530* is needed to stop aggressive bear forces. A punch over 636 is needed to start a multi-day to test back up around 650-65640*.

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