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Thursday, January 10, 2008

Gold back off highs

After a few day rallies, PRECIOUS METAL(GOLD) finally backs off its high of 890s. What that it means for us traders....hmmm lets pounder. Another news, GBP slide to new low against USD, is weakness spreading to european markets? Wow with two central bank interest rate announcement tomorrow traders wil take extra cautious step no more lazy trading after so much action in many areas.

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