Friday Rally..............

Friday's Gold session finished up $ 7.10 higher on the day. The U.S. Dollar was weak most of the day and really couldn't get positive despite much lower Crude oil prices. (well over 100 pts. lower at times). The reason for the Gold rally is probally the large amounts of physical Gold being purchased world wide and also technical continuation from the previous few sessions.

The Market held my pivot point 586.50 for the low of the day !!

Look at the high of the day .. I missed it by 70 cents !!

The following are my guideline numbers for 9/25 Monday for December Gold........

resistance # 2........................................606.00
resistance # 1........................................599.50
pivot .............................................................593.00
support # 1............................................588.00
support # 2............................................580.00

resistance = possible point to sell market
support = possible point to buy market
pivot = possible point in the market to show direction


I trade more than just Gold. I trade the world and have pivot/support/resistance for all markets.............



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