Monday, April 30, 2007

Today's Gold Session Closes $1.70 Higher............

Today's trading session was CHOPPY with a small trading range. The Gold market got help from a weaker U.S dollar (11 LOWER at the Gold close) and a late session Crude Oil rally.
This Gold market feels very tentative to me. I would recommend checking out some option strategy's / spreads over naked futures positions at this point. ..........
REPORTS : MANUFACTURING INDEX.....9:00.am. (CST)...................Tuesday 5/1
High.......684.20 Low...............680.00 Close......683.50..................
The following are my guide-line numbers ....5/1.....June Gold.......
resistance # 2...........686.50
resistance # 1...........685.00
pivot..........682.50
support # 1........... 682.50
support # 2................681.00

TO LEARN HOW TO USE THESE NUMBERS /DISCUSS PLATFORMS /RATES
OPEN AN ACCOUNT............888-282-2770........................
TO GET FREE RESEARCH AND CHARTS DURING THE SESSION (GET ON MY EMAIL LIST)............................TRADE SMART !!

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