Gold Closes $6.40 Higher........................
The U.S. Dollar is having a tough time holding any sort of Gains as of late. It seems even with better than expected economic news the Dollar still struggles. The Gold community is taking advantage of the weakness in the Dollar and with the increasing tension in the middle-east I believe the Professionals and the FUNDS began buying Gold again.
Another large range for a holiday market..........$9.00 range...........
HIGH.....638.20 LOW....629.20 CLOSE...636.70..........
The following are my guideline numbers for 12/29 Friday....February Gold......
resistance # 2..................643.50
resistance # 1..................640.00
pivot ...........634.50
support # 1...................631.00
support # 2...................625.50
resistance = possible point to sell
support = possible point to buy
pivot = possible point to determine direction
TO OPEN AN ACCOUNT.......888-282-2770
TRADE SMART.................
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