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Mike
06-03-2011, 09:24 AM
8608

Silver seems caught in a Midas Squeeze, between support and resistance Midas lines. A break below the support line at 33.78 could indicate more room to drop.

Gold has broken above the Midas Resistance line and hovers near the above a confluence of 10-day, 20-day, 50-day moving averages as well as Midas Support and Midas Resistance lines.