Gold surged today, as the US Dollar declined despite positive housing figures, due largely to higher oil prices and a failure by President Bush to secure an increase in output from Saudi Arabia (beyond the extra 300,000 barrels per day previously pledged). Breaking up past its 200 moving average and staying firmly above both key support at 892.59 and also the $900 psychological number, gold is currently poised for a try at 917.61, with resistance in the way first at 907.04 Should the precious

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