Tuesday, March 13, 2007

Gold Closes $1.50 Lower Today............

Very CHOPPY / NERVOUS feel to the Gold market today !
Despite a Lower U.S. Dollar , Higher Crude Oil, and a Housing Market that is getting worse the Gold traders appeared to be standing on the side-lines waiting for some key economic numbers
to be released Wednesday 7:30 am. (CST)...EXPORT SALES......PPI......JOBLESS CLAIMS.....
Small $4.70 range today...HIGH.....653.50 LOW....648.80 CLOSE....648.80.....

Guide-line numbers for Wednesday 3/14....for April Gold.........
resistance #2.........................655.00
resistance #1.........................651.00
pivot....................650.00
support #1.............................646.50
support #2.............................645.00

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

FOR A CONSULTATION /RATES/ OR TO OPEN AN ACCOUNT
CALL 888-282-2770........

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

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