Gold-June
futures-4th May close
266.5
Gold faces both support and resistance. Watch
for overcoming the $268 resistance on the weekly close. Support is provided
by the minor channel at $266.
Platinum-4th May close-$631.3
In a previous update we anticipated that
Platinum will make an attempt at a new high. As expected the up-move has come
about but the volumes are not strong. There is also a resistance at the central
regression line.
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