Gold Closes $13.50 Lower On The Day......

The CHAOS continued today.....
If you like CHOPPY and VOLATILE markets ..Trade Gold.....
The markets nervous/panic mode continued today and drove it as low as $664.00early in the trading session. With the help of a strong U.S. Dollar and an early weak Crude oil market the Gold sector took profits/touched off stop-loss orders / and punished any long positions.....
Many traders were looking for a correction..BUT this has been over-done and primarily caused by emotional,nervous, and panicked investors who recall the 9/11 trade and scrambled to cut their loss'.This all started with the 9% drop (THAT'S HUGE) in the Chinese Stock Market.....
Proving the Markets are truly GLOBAL..and react like Domino's to one another......
Nothing has changed in the Middle-east ..or with the Housing market.....
ANOTHER HUGE RANGE... HIGH...678.00 LOW...664.00 CLOSE...673.70......
TOMORROWS GUIDELINE NUMBERS 2/28.....APRIL GOLD............

resistance # 2 ....686.00
resistance # 1.....680.00
pivot...672.00
support....# 1 .....666.00 ..........(yikes)
support....# 2......658.00

resistance = point to sell
support = point to buy
pivot = point to determine direction..............

TO TRADE GOLD / RATES / FREE CONSULTATION.....
CALL 888-282-2770.......

TRADE SMART..........

Aptil Gold Closes$2.60 Lower......

Tuesday's Gold session started out $ 7.00+ Lower and traded $12.00 +Lower on reaction to the huge sell-off of Chinese Stocks droping 9 percent....ABC NEWS REPORTS "a 9% slide in Chinese stocks earlier set the tone for U.S. trading a day after investors sent Shanghai's benchmark index to a record HIGH close"........After an early morning slide the Gold got help from a very weak U.S. Dollar and a mid -session Crude oil rally to actually trade on the positive side for a brief period. A late hour profit take/sell-off pushed the Gold to close $2.60 Lower on the session. However in the after hour session 1:00pm. (as of this writing) they seem to be reacting to more Chinese stock fall-out and have taken the Gold DOWN $10.00 + .........
Hopefully the markets can sort this mess out quickly...Many traders have thought the Chinese economy was growing too fast for it's own good....A little retracement!!!!!!!!!!!!
$15.00 trading range today....HIGH...692.50 LOW....677.50 CLOSE...687.30......
My guideline numbers for Wednesday 2/28...APRIL GOLD...................
resistance # 2...............701.00
resistance # 1...............694.00
pivot......686.00
support # 1...................680.00
support # 2...................669.00

resistance = point to sell
support = point to buy
pivot = point to determine direction........

TRADE SMART...TRADE GOLD!!!!!
TO OPEN AN ACCOUNT / RATES / FREE CONSULTATION /
CALL 888-282-2770 / E-MAIL MDALY@MANDUCATRADING.COM
AT&T YAHOO MESSENGER ...........

Monday's Gold Market Closes $3.10 Higher......

Monday's Gold session was thin and traded in a $6.30 range.
The market held resistance at 692.00 and traded side-ways for most of the day.
With help from a late Crude oil rally and a weaker U.S. Dollar the Gold came back from unchanged to close $3.10 higher in the final hour of trading.....
Tomorrow (Tuesday) CONSUMER CONFIDENCE REPORT...9:00 am. (CST)
The Geo-political news in the Middle-east (Iran's President --Medical Emergency, and an attempt on the Vice President of Iran's life ..car bomb) had traders watching the news wires today..... Seemed to be added interest in Option volume today....
HIGH....691.80 LOW....685.50 CLOSE....689.70..........

The following are my guideline numbers for Tuesday..2/27...APRIL GOLD....

resistance # 2.......................695.00
resistance # 1.......................692.50
pivot......................689.00
support # 1........................686.00
support # 2........................683.00

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

FREE CONSULTATION.....RATES......2007 COMMODITY TRADING GUIDE....
OR TO OPEN AN ACCOUNT.............888-282-2770 MDALY@MANDUCATRADING.COM
FREE RESEARCH TO MY CLIENTS.........DAILY CHART UP-DATES

TRADE SMART.......TRADE GOLD !!!!!!!!!!!

Friday's Gold Market Closes up $3.70.......

Due to a weak U.S Dollar (DOWN 30+ pts. at the Golds close) and mid-day Crude oil rally the Gold community took Gold over the 690.00 level today.We traded a large (9.60) range today testing both the down-side (early) and the up-side most of the session .(mid morning on).......Geo-political news played a part as well. Iran did not comply with the U.N.'s time frame
(STOP ENRICHMENT OF URANIUM)so the next step...ECONOMIC SANCTIONS......(THIS CAUSED THE CRUDE TO BE STRONG)...Iran produces and exports lots of OIL.......
Lots of options trading today......I'm long BULL/Call spreads.............
HIGH.....691.90 LOW....682.30 CLOSE....686.70......
The following are my guideline numbers for..Monday..2/26..APRIL GOLD.............

resistance # 2..................................706.00
resistance # 1..................................692.00
pivot....................687.00
support......# 1.................................682.00
support # 2.................................678.00

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

TRADE GOLD WITH ME...............888-282-2770
TRADE SMART............
FREE MARKET RESEARCH TO MY CLIENTS****

Gold Closes $1.00 Lower Today.........

After yesterday's HUGE rally the Gold market traded within a $6.00 range that was very choppy and hard to get a grasp on!! Despite another big up day for the Crude oil (up 60 pts. + at the Gold close)the Gold had a very difficult time trying to rally. Many traders thought the Gold would have a rally follow up today and attempt to push the market closer to $700.00 per ounce.
I believe when the market encountered early selling pressure some traders took profits.
Compared to yesterday Thursday's session was timid. Total trading range today was $6.00..
HIGH...684.70 LOW...678.70 CLOSE...683.00.........
FRIDAY..EXPORT SALES 7:30 am. cst.

The following are my guideline numbers for Friday 8/23....APRIL GOLD...............

resistance # 2..................................688.00
resistance # 1..................................685.00
pivot .........................682.00
support # 1....................................679.00
support # 2....................................676.00

resistance = point to sell
support = point to buy
pivot = point to determine direction.....

TRADE SMART....
TO OPEN AN ACCOUNT CALL 888-282-2770
RATES/ FREE CONSULTATION/FREE TRADING GUIDE...............

Gold Closes Up $23.00 Today !!!!...............

Today's Gold market was BULLISH from start to finish.
The market opened and held the technical PIVOT area and slowly climbed upward early before a HUGE late session rally. The market was strongly aided by a rare late session rally in the Crude oil. (up 150+ at the Gold close)....Key technical points in the Gold were re-visited (666.00
..670.00...675.00.. 680.00....and basically CLEANED OUT stop/loss orders on the way up) and with more news worthy reports out of the Middle-east the investor money once again may have shifted back to Gold.........ABC NEWS REPORTED "U.N. Nuclear Watchdog Prepares Report That Could Trigger Further U.N. Sanctions"...Iran Exports lots of Oil !!
The Gold market has been extremely volatile lately and with SAFE HAVEN and NEW INVESTOR MONEY entering the market..This trend should continue....

THURSDAY REPORTS...JOBLESS CLAIMS....7:30 AM. CST.
EIA GAS STORAGE..9:30 AM. CST.

HIGH.........686.40
LOW..........660.50
CLOSE......684.00...........

The following are my guideline numbers for Thursday 2/22.....APRIL GOLD........

resistance # 2...................703.00
resistance # 1...................693.50
pivot .......677.00
support # 1......................667.50
support # 2......................651.00

TO OPEN AN ACCOUNT.....RATES....CONSULTATION......
CALL..1-888-282-2770..........Email mdaly@manducatrading.com














30 CST.
API/

Gold Closes $11.50 LOWER Today........

Today's April Gold market opened at $669.80 AFTER the overnight market had traded as High as $677.80 during the session. Much of the over night movement was do to tensions between Iran and the United States over nuclear arms. ABC NEWS REPORTED..Iran saying " Our Nuke Program Stops When Yours Does "...... This caused an initial rally into a Avalanche of technical selling and seeking stop/loss and broke the market down below 666.00 (a significant 2 week technical support level) causing another sell-off down to 659.00..... All traders will tell you when markets find difficulty in breaking through Support/Resistance levels (APRIL 680.00 Resistance) it's a sign the market may be over bought...and needs a retracement !!!!!!
The BEARS ( used the technical points to drive the market lower) while the BULLS looked at it as a great buying opportunity !!!! Just depends on who you talk to....It does appear things are heating up between Iran /United States.....Also Secretary of State Condoleezza Rice is in Jordan trying to convince Palestinian President Mahmoud Abbas that his relationship with Hamas is detrimental to the United States and Israeli policies in the region............
HUGE DAY SESSION RANGE.....HIGH....670.70 LOW...659.00 CLOSE..661.00
CPI (CONSUMER PRICE INDEX) WEDNESDAY..7:30 am. (CST)..........
The following are my guideline numbers for 2/21 WEDNESDAY..APRIL GOLD......

RESISTANCE #2...............................675.00
RESISTANCE #1...............................668.00
PIVOT..........663.50
SUPPORT # 1.....................................656.50
SUPPORT # 2.....................................651.00

RESISTANCE = POINT TO SELL
SUPPORT = POINT TO BUY
PIVOT = POINT TO DETERMINE DIRECTION

TRADE SMART ..........

Gold Closes UP $1,40 Today.......

The Gold market opened LOWER and basically trades LOWER all day til the last hour or so.
Despite a large run up (FOR A CHANGE) in the Crude oil the Gold found the upside a struggle all day. I thought it would be CHOPPY and I was right.Lots of traders left by 10:00 am.
More safe haven option buying today. Monday's an Exchange Holiday..(PRESIDENTS DAY)
KEEP A CLOSE EYE ON THE AFGHANISTAN SITUATION.....
HIGH.....673.00.....LOW....666.80 CLOSE 672.80

MY GUIDELINE NUMBERS FOR TUESDAY 2/20...APRIL GOLD.........

resistance.............677.00'
resistance.............675.00
pivot..........671.00
support.................669.00
support.................664.00

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

TO OPEN AN ACCOUNT...888-282-2770 RATES/CONSULTATION

TRADE SMART............

The Gold Market Closes .60 Cents Lower......

For the third day in a row the Gold trading session was CHOPPY and seemed to follow the Crude oil more than trade opposite the U.S. Dollar..... The Gold held support levels and actually rallied late to only lose .60 cents. The sell-off early certainly seemed to clean out many longs....
Tomorrow (FRIDAY) it should be very THIN (3 DAY WEEKEND) with most traders prefering to be FLAT over the weekend !! Another HUGE sell-off early in the Crude oil...While the U.S Dollar was also 10 pts. LOWER at the Gold close....Lots of BIG swings lately in the Gold ,but for the most part it does hold resistance/support levels......
HIGH....674.20.... LOW.....666.50.... CLOSE.....671.40

Guideline numbers for FRIDAY....2/16...APRIL GOLD.............

resistance......678.50
resistance.....674.50
pivot..............670.50
support ........667.00
support.........661.50

resistance = point to sell
support = point to buy
pivot = point to determine a direction

TRADE SMART...TO OPEN AN ACCOUNT CALL...888-282-2770

GOLD CLOSES $3.50 HIGHER TODAY......

The Gold market was extremely CHOPPY and VOLATILE again today........
The market was up $8.10 early in the trading session.
The Gold faced strong resistance and another HUGE sell-off in the Crude oil market (over done)100 pts, LOWER at the Gold close. Gold might have dropped much lower if it hadn't been for a HUGE down day in the U.S. Dollar (47 pts. LOWER at the Gold close)........
EXPORT SALES /JOBLESS CLAIMS ...Thursday 7:30 am. (cst) may not help the Dollar much.
HIGH...676.60 LOW...668.00 CLOSE...672.00.....

My guideline numbers for 11/15..Thursday April Gold....

RESISTANCE......................680.00
RESISTANCE......................676.00
PIVOT.................672.00
SUPPORT............................667.50
SUPPORT............................664.00

RESISTANCE = POINT TO SELL
SUPPORT = POINT TO BUY
PIVOT = POINT TO DETERMINE DIRECTION

TRADE SMART..... CALL 888-282-2770 TO OPEN AN ACCOUNT.......

Gold Closes $1.30 Higher...........

Today's Gold market closed $1.30 Higher during a very CHOPPY / VOLATILE trade.
The Gold rallied early and making it's Highs (673.90) before 8:00 am (cst.)...
Then spent the rest of the session giving back it's gains.......
The Gold market found strong resistance up at 674.00 and forced both traders and customers to scramble for exit profits and minimal losses... This also set off STOP / LOSS EXIT ORDERS
helping to fuel the retracement today. Even with the U.S. Dollar DOWN (36 at the Gold close)
and the Crude oil UP (100+ pts.) the Gold community closed the market up $1.30 @668.60...
Look for the remainder of the week to be CHOPPY due to the up-coming three day weekend...
(PRESIDENTS DAY)...Nobody wants a three day position !!!!!
HIGH....673.90 LOW...665.80 CLOSE...668.60.....

The following are my guideline numbers for 2/14 ...Wednesday....April Gold......

resistance # 2.........675.00
resistance # 1.........673.00
pivot....667.50
support # 1.............665.00
support # 2.............660.00

resistance = point to sell
support = point to buy
pivot = point to determine direction.....

TO OPEN AN ACCOUNT / RATES / FREE CONSULTATION /
CALL...888-282-2770...............email...mdaly@manducatrading.com

The Gold Market Lost $5.00 Today.......

Today's Gold session was very choppy and seeking direction.
it responded to a very Strong U.S Dollar 34 pts. HIGHER (at one point ) and another
huge down day (over done) in the Crude oil (200 pts. = at the Gold close)......
Reports that Saudi Arabia will not cut oil production in the near future (Crude may have reached it's stable level) and also reports that the COLD weather in the Northern portion of the United States may be only a week longer...( warmer weather = less Heating oil / and more money for consumer).......The Gold market retained a bit of strength with more geo-political news....Russia's President Putin is distancing his relationship with United States policies.
Russia and Qatar looking to develope a Natural gas Cartel.....Europe/U.S are opposed !!!!

Just a $7.00 range (all down)...HIGH...671.30 LOW 664.30... CLOSE..666.80.....
TRADE BALANCE ..... TUESDAY....7:30 am (cst)...........

The following are my guideline numbers for 2/13 Tuesday..APRIL GOLD..............

RESISTANCE # 2................................674.50
RESISTANCE # 1................................670.50
PIVOT......................667.50
SUPPORT # 1......................................663.50
SUPPORT # 2......................................660.50.....................................

MY SUPPORT LEVEL TODAY WAS VERY GOOD ****************

RESISTANCE = POINT TO SELL
SUPPORT = POINT TO BUY
PIVOT = POINT TO DETERMINE DIRECTION..................

TO OPEN AN ACCOUNT / RATES / FREE CONSULTATION /

CALL 888-282-2770................EMAIL..MDALY@MANDUCATRADING.COM

TRADE SMART

GOLD CLOSES $9.50 HIGHER.................

The Gold market rallied and closed over the psychological $670.00 mark today.
The day session started innocent enough (actually lower on the day) before starting it's
technical climb to trade a very key $670.00 CHART POINT.
The Bull market was fueled by constant Geo-political news ( Iranian /U.S Tension) , rumors of Nigerian Oil production cuts, and the huge interest in Gold option calls.....
In general the public loves a Bull market and the allure of $700.00 gold has brought the public back to trading GOLD...Huge range (MOSTLY UP) $12.30 TOP-BOTTOM......
HIGH.....$673.90 LOW....$661.60 CLOSE...$672.30............$9.50 HIGHER on the day............
Crude oil up 80 + pts. (at Gold close).....U.S Dollar up 19 pts. (at Gold close) ????
Bought BULL/ CALL spreads last week....( glad I did).....
The following are my guideline numbers for Monday 2/12 April Gold..........

resistance # 2...........................681.00
resistance # 1...........................676.50
pivot.......................669.00
support # 1.............................664.00
support # 2.............................657.00


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

TO OPEN AN ACCOUNT / RATES / CONSULTATION / OR FREE COMMODITY
TRADING GUIDE.......CALL 888-282-2770....OR EMAIL
MADLY@ MANDUCATRADING.COM

TRADE SMART...................

Gold Closes Up $5.40 On The Day.........

The Gold market traded with much more reason today.
After holding SUPPORT levels early the Gold crashed through all resistance levels and traded
$665.30 for the HIGH of the day before selling off the last thirty -five minutes of the day to Close at $662.70. Standing apart from the Crude oil (CRAZY) swings the Gold used technical
retracement to take out the $660.00 level it had so much difficulty with yesterday.
A little help from increased middle-east tension didn't hurt the BULL camp either.....
In the first major sign that a security crackdown was under way ABC NEWS reported
"Iraqi Deputy Health Minister Arrested" reported to be a senior member of a
radical Shi ite political group. Huge Gold CAll Option buying mid-session also fueled
the BULL. Tomorrows FRIDAY(remember last Friday...YIKES) and Supply & Demand
reports released 7:30 am (cst.) SO be careful....Bull / Call spreads should be looked at !!!
Nice range today $12.80....HIGH...665.00 LOW..653.50 CLOSE...662.70...........
The following are my guideline numbers for FRIDAY 2/9 April Gold............


resistance # 2...............673.50
resistance # 1...............667.50

PSYCHOLOGICAL NUMBER *****670.00*****
pivot.....660.50
..
support # 1.................655.50
support # 2.................647.50

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

TO OPEN AN ACCOUNT / RATES / CONSULTATION /
CALL 888-282-2770 OR CONTACT @ MDALY@MANDUCATRADING.COM
TRADE SMART !

Gold Down $1.40 Today..................

Today's trade was CHOPPY, THIN, and EXTREMELY VOLATILE. The last few weeks have been very tough to get a handle on the Gold. The main reason is due to a very over-done up/down range in the Crude oil lately. (for no apparent reasons)................A 220 pt. range and
over 90 + pts. Lower (at Gold close ) pulled the gold market lower on the day.
The Crude oil market has got to be killing the customer public......Because with all the resource's
I have access to for information I 'm behind the Pit Traders.....
Every time the Gold looked to rally it was met with heavy Bear (short seller) resistance.
It seemed to be the battle for $660.00 today.....both sectors (BULLS/BEARS) used the Crude oil market as an indicator today. The problem however was the Gold would not rally as strong with a Crude rally versus a stronger break when the Crude began breaking. The market traded resistance point well....but with the whippy Crude oil you couldn't feel comfortable holding any
positions (LONG OR SHORT)..I am content to buy Bull/ Call spreads and will not be holding position during this Crude oil insanity !!! Only a $5.30 range in gold today.........
HIGH....661.80 LOW...656.50 CLOSE....657.30... (WHAT A TOUGH $5.00 RANGE)

The following are my guideline numbers for 2/8 Thursday........April Gold

resistance # 2.....................663.00
resistance # 1.....................656.50
pivot...........658.50
support................................655.00
support................................653.50

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

TO OPEN AN ACCOUNT/RATES / CONSULTATION/

CALL 888-282-2770

TRADE SMART.........................

Gold Closes $2.60 Higher................

Gold opened nearly $4.00 Higher ...Then rallied another $3.80 before following the HUGE
sell-off in the Crude oil market. Gold has been breaking with the Crude and rallying off the U.S. Dollar. (Dollar Down =Gold up / Crude Down = Gold Down )...
Many times in the last 5 days all three have been UP/DOWN together.......(146 pt. Range in the Crude oil today...During the Gold day session)....
The Gold was negative late morning before rebounding and closing $2.60 on the day.
With the help of a weak U.S Dollar (30 pts. Lower @ Gold close) Gold regained positive ground.
The Dollar reacted to reports out of the Middle-east..ABC NEWS REPORTED.."An Explosion At A Parking Area Of Islamabad Airport " (Pakistan)............................ALSO......................
Officials: "Iranian Diplomat Seized By Gunmen Wearing Army Uniforms In
Central Baghdad" (Iraq)......
$8.00 range today....HIGH...663.70 LOW...655.80 CLOSE...658.70...............

The following are my guideline numbers for Wednesday 2/7...April Gold.................

resistance # 2...........667.00
resistance # 1............662.00
pivot.............................659.00 FREE 2007 TRADING GUIDE !!!!
support # 1...............654.50
support # 2................652.00

RESISTANCE =POINT TO SELL
SUPPORT = POINT TO BUY
PIVOT = POINT TO DETERMINE DIRECTION.............

TO OPEN AN ACCOUNT / RATES / CONSULTATION / CALL 888-282-2770
OR EMAIL MDALY@MANDUCATRADING.COM

TRADE SMART .........

Gold Closes Up $4.60 On The Day....

Today's Day session was a very choppy and tight ranged trade.
The market closed above my pivot and seemed to lack direction.
Despite another large trading range in the Crude oil the Gold seemed to be looking for Bullish news after the avalanche slide on Friday. It appeared traders were nervous about holding
positions for any lengthily periods. News out of Iran stated "Iran will continue it's nuclear program"...Small range today. ($4.00 )....HIGH...657.50 LOW..653.50..CLOSE..656.40
The following are my guideline numbers for 2/6 Tuesday...February Gold

resistance # 2...........662.00
resistance # 1...........658.50
pivot ................656.00
support # 1..............654.50
support # 2..............650.00

resistance = point to sell
support = point to buy
pivot = point to determine direction......

TO OPEN AN ACCOUNT / RATES / CONSULTATION /
FREE COMMODITY TRADING GUIDE / CALL -----888-282-2770...OR EMAIL ME....

TRADE SMART..........

Gold Closes Up $4.60 On The Day......

GOLD CLOSES DOWN $ 11.50 TODAY !!!!

Despite an early (shortly after the opening ) rally to make it's High (665.30) the Gold traders couldn't push through the up-side resistance and in my opinion began a Friday profit taking
avalanche. The market was very strong for the most part all week despite Huge dips in the Crude oil. However today the professional traders decided not to push their luck and started to offset their LONG POSITIONS and this resulted in "touching off" STOP-LOSS orders and trending the market south ! Friday's are normally a profit cover day....(with the geo- political climate in the world today...It's the right thing to do )...The U.S. Dollar was 20+ pts. Higher at the Today's market is the perfect example close....
Today's gold market shows a perfect example of why not to "MARRY POSITIONS"....
In other words if the market offers you money "TAKE IT"....
It's hard to watch traders turn winning trades into losing trades, (you'll never go broke taking profits). Huge range today(MOSTLY DOWN)..... $17.30...(top - bottom)...
Crude was only 20 pts. Higher @ Gold close..12:30 pm (cst.)....BUT as of this writing 1:30pm (cst) Crude oil is UP over 160 pts..............................
GOLD ....HIGH...665.30 LOW...648.00 CLOSE...651.50...........

The following are my Gold guideline numbers for 1/5 Monday for April................

resistance # 2............................672.00
resistance # 1............................662.00
pivot.....................655.00
support # 1..............................645.00
support # 2..............................638.00

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

TO OPEN AN ACCOUNT / RATES / CONSULTATION / FREE TRADING GUIDE /
FREE RESEARCH TO OUR CLIENTS....CALL 888-282-2770../EMAIL
MDALY@MANDUCATRADING.COM

TRADE SMART !

Gold Up Another $5.10 Today......

It appears in the wake of the FOMC meetings the Gold trading community is investing in the Bull Gold market. Despite huge swings in the Crude oil again today the Gold still gained $5.10 in the day session. In my opinion the professional traders sense a technical break-out and a possible run to $700.00.( many BEARS are talking over-bought).
Nothing has changed with the geo-political scheme in the Middle-east. In fact it may be getting worse with Iran. I know for a fact Iran has the total attention of the Professional Gold traders.
Markets move on every news worthy report out of the Middle-east. Tomorrow (Friday) 7:30am (cst.) Unemployment Report...Another nice range today($6.40)........
HIGH....667.10 LOW....660.70 CLOSE..663.00.....

The following are my guideline numbers for Friday 2/1....April Gold....

resistance # 2..................670.00
resistance # 1..................666.50
pivot....663.50
support # 1..................660.00
support # 2..................657.00

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

TO OPEN AN ACCOUNT / RATES / CONSULTATION /
FREE 2007 COMMODITY TRADING GUIDE...888-282-2770 / EMAIL MDALY@MANDUCATRADING.COM

TRADE SMART.......................