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PRECIOUS METALS REVIEW - 01/19/07Views: 613
Jan 19, 2007 8:36 pmPRECIOUS METALS REVIEW - 01/19/07#

me4you
PRECIOUS METALS REVIEW - 01/19/07
[Monex.com]

In the precious metals markets this week . . .

GOLD:
Monex spot gold prices opened the week at $627 . . . traded as high as $636 on Thursday and as low as $620 on Wednesday . . . and the Monex AM settlement price on Friday was $635, up $9 for the week. Gold support is now anticipated at $627, then $621, and then $615 . . . and resistance anticipated at $637, then $645, and then $655.

SILVER:
Monex spot silver prices opened the week at $12.89. . . traded as high as $12.91 on Wednesday and Thursday and as low as $12.37 on Wednesday . . . and the Monex AM settlement price on Friday was $12.86, up $.06 for the week. Silver support is now anticipated at $12.58, then $12.35, and then $12.20 . . . and resistance anticipated at $12.96, then $13.19, and then $13.55.

PLATINUM:
Monex spot platinum prices opened the week at $1,153 . . . traded as high as $1,169 on Thursday and as low as $1,132 on Wednesday . . . and the Monex AM settlement price on Friday was $1,164, up $13 for the week. Platinum support is now anticipated at $1,155, then $1,140, and then $1,105 . . . and resistance anticipated at $1,170, then $1,210, and then $1,240.

PALLADIUM:
Monex spot palladium prices opened the week at $333 . . . traded as high as $343 on Friday and as low as $331 on Wednesday . . . and the Monex AM settlement price on Friday was $343, up $10 for the week. Palladium support is now anticipated at $338, then $328, and then $315 . . . and resistance anticipated at $346, then $365 and then $406.

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