AUG 20 WEDNESDAY
SHORT TERM TREND : BULLISH
LONG TERM TREND : BEARISH
S1 RS 19940, S2 RS 19270
R1 RS 20260 , R2 RS 20540
STAY LONG FOR INTRADAY AT SUPPORT.
Silver edged up to$13.36/13.42 an ounce from $13.15/13.21
late in New York.
Gold rose to its highest inalmost a week on Wednesday after
gains in oil prices spurredbuying, which also helped to pluck
cash platinum from itslowest level in nearly a year.
Oil prices rose about 1.5 percent on Tuesday as part of a
broad commodities rebound triggered by weakness in
the U.S.dollar.
The most active Tokyo gold contract for June 2009 delivery
on the Tokyo Commodity Exchange ended the morning
session 101 yen per gram higher at 2,897 yen, having fallen to
its weakest since late November in previous session.
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