Gold $1.40 Higher Today........................
Despite the U.S. Dollar climbing 40 + pts. Higher and the Crude Oil 20 pts. Lower the Gold held strong and closed $1.40 Higher. This is a typical holiday market.
Very small range...HIGH..623.70 LOW...620.90 CLOSE...623.00.......
Look for a very slow trade next week.
The following are my guideline numbers for Tuesday 12/26 for February Gold.....
resistance # 2 .....................625.50
resistance # 1 .....................624.00
pivot.....................622.50
support # 1 .....................621.00
support # 2 .....................619.50
resistance = possible point to sell
support = possible point to buy
pivot = possible point to determine direction
TO OPEN AN ACCOUNT 888-282-2770
MERRY CHRISTMAS.....HAPPY HOLIDAY'S
TRADE SMART
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