$ 10.00 break Tuesday.............

Today traders gave back Monday's $10.00 rally. The Market opened a couple dollars lower and traded sideways until the dollar began to show strength and the Crude Oil began it's journey to settle 134 lower when the Gold closed. News out of the Middle-east stated all Israeli troops would be out of Lebannon by the weekend. (Sat. Rosh Hashanah/ Sun. Ramadan )
Peace in the middle-east (bearish Gold) As of this printing their is reports of a military Coup in Thailand...Keep a sharp eye on that...Tomorrow the FOMC meets at 9:00 (cst) expect 0 change.
Housing numbers at a 3 year low...If that doesn't reflect a slowdown in the economy and pending inflation ??...... API numbers 9;30 (cst).......

The following are my guideline numbers for 9/20 Wednesday December Gold.......

resistance # 2...................................602.00
resistance # 1...................................593.00
pivot ......................................................588.00
support # 1 ......................................578.50
support # 2.......................................574.00

NUMBERS FOR DAY TRADES HAVE BEEN AWESOME LATELY.......

resistance = possible point to sell market
support = possible point to buy market
pivot = possible point to determine direction


I trade more than Gold. In fact i trade the World.
If you,d like to comment, have a question ,or would like to learn how to trade these numbers
email mdaly@manducatrading.com or call Mike Daly @ 1888-282-2770

OPEN AN ACCOUNT TODAY.... TRADE SMART...