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Update Time:     17 Jun 2009 01:11GMT
SPOT GOLD DAILY OUTLOOK - 932.00

Although gold's retreat fm 939.40 suggests the
recovery fm 926.40 has ended there n consolidation
with mild downside bias is seen, breach of said sup
is needed to confirm decline fm this month's top at
990.00 to retrace recent upmove has resumed n
extend weakness twds 922/923 b4 prospect of a
rebound due to loss of momentum.

Wud be prudent to exit short at 937.00 n stand
aside. Abv 939.40 risks correction twds 943.50...

   Rate:     932.00
   Strategy:     Exit short
   Position:     Short at 937.00
   Objective:     
   Stop-Loss:     
   Resistance:     939.40/943.50/951.00
   Support:     926.40/922.40/915.70
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Update Time:     16 Jun 2009 20:07GMT
DAILY AUD/USD OUTLOOK - +0.7935+

Aussie's retreat after the intra-day rebound fm
0.7861 to 0.8068 suggests further choppy trading
inside broad range of 0.7828-0.8265 wud continue n
downside bias is seen for weakness to 0.7910/20,
however, reckon 0.7861 wud hold on 1st testing.

Sell on recovery with stop abv 0.8068 as break
wud risk one more rise to 0.8090/00 b4 pullback...

   Rate:     +0.7935+
   Strategy:     +Target met+
   Position:     +Short at 0.8025+
   Objective:     +0.7935+
   Stop-Loss:     
   Resistance:     0.7973/0.8068/0.8093
   Support:     0.7905/0.7861/0.7828
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Update Time:     16 Jun 2009 14:24GMT
DAILY EUR/GBP OUTLOOK - 0.8453

Euro's recovery after falling to a fresh low
for 2009 at 0.8433 suggests temp. low has possibly
been formed n risk is seen for correction to 0.8499
but break there needed to confirm n bring retrace.
of recent decline twd 0.8531/44.

Wud be prudent to exit short n stand aside as
only below 0.8433 wud yield one more fall to 0.8400

   Rate:     0.8453
   Strategy:     Exit short
   Position:     Short at 0.8495
   Objective:     
   Stop-Loss:     
   Resistance:     0.8499/0.8544/0.8576
   Support:     0.8433/0.8369/0.8323
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