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CRUDE OIL (FEB 12) INTRADAY: THE DOWNSIDE PREVAILS.

2011-12-29 15:44:43

CRUDE OIL (FEB 12) INTRADAY: THE DOWNSIDE PREVAILS.

Pivot: 100.65

Most Likely Scenario: SHORT positions below 100.65 with targets @ 98.55 & 98.

Alternative scenario: The upside breakout of 100.65 will open the way to 101.75 & 102.5.

Comment: The break below 100.65 is a negative signal that has opened a path to 98.55.

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TIME
Sydney	Tokyo	Ha Noi	HongKong	LonDon	NewYork

Gold Price at ABCBULLION Foreign exchange rates at CommonWealth Bank Foreign exchange rates at ANZ Bank

Prices By NTGOLD
We Sell	We Buy
37.5g ABC Luong Bar
7,476.20	6,661.20
1oz ABC Bullion Cast Bar
6,265.40	5,475.40
100g ABC Bullion Bar
19,802.20	17,412.20
1kg ABC Bullion Silver
2,935.20	2,165.20