Monday, May 14, 2007

Gold Closes $2.20 Lower Today........

The Gold market today couldn't take advantage of a weaker U.S Dollar. With a Higher Crude Oil and a weaker silver and copper market it appeared the Gold community followed the other precious metals lower. Tomorrow CPI report (7:30 am. cst.) could also have kept some traders on the side-lines today.The gold traded in a $6.90 range...CHOPPY......
HIGH.....674.60 LOW.....667.70 CLOSE.....670.10.......................
Be careful CPI could cause a interesting trade !!!
The following are my guide-line numbers for 5/15 JUNE--Gold......
resistance # 2.....................678.00
resistance # 1.....................674.50
pivot.........................671.00
support # 1.........................667.50
support # 2.........................664.00

IF YOU WANT TO LEARN HOW TO TRADE THESE NUMBERS....email !!!! ME
FREE RESEARCH / CHARTS / FOR CLIENTS...............
FREE CONSULTATION / PLATFORMS ...RATES FOR ALL TRADING LEVELS.............
2007 TRADING GUIDE................................
TRADE SMART...............................

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