Wednesday, April 04, 2007

Gold Closes $7.80 Higher Today .......................

Today's Gold market was a true BULL from start to finish ! Despite a weak Crude Oil trade today(down 20 + pts. at the Gold close) the Gold market was very strong all day. Maybe due to a lower U.S. Dollar (Down 20 pts.) and the influx of new money in the market. Once again we are creeping up around the $700.00 LEVEL (GOLD FEVER & FEAR OF MISSING THE BIG UP MOVE ?)....Iran released the British captives today.... Huge range today $ 10.20......
HIGH.....681.00 LOW....670.80 CLOSE...677.50............UP...$7.80
The following are my guide-line numbers for 4/5 Thursday...June Gold..........
resistance # 2...............................686.00
resistance # 1...............................681.00
pivot........676.00
support # 1...................................671.00
support # 2...................................666.00

CALL 888-282-2770...........OPEN AN ACCOUNT / RATES / CONSULTATION /
PLATFORMS / 2007 TRADING GUIDE...............

0 Comments:

Post a Comment

<< Home