Monday, May 21, 2007

Gold Closes Up $1.80 Today.............

Today's gold trade was very technical and traded within my support ans resistance levels.
Eve with a stronger U.S. Dollar it appeared the market chose to follow the STRONGER Crude Oil (up 100 + at Gold close) and reacting to the Middle-east tension. The trade today was very CHOPPY with a $6.80 point range. I believe this is still a great time to price BULL/CALL spreads. HIGH......664.20 LOW.....657.50 CLOSE....663.80...................................
resistance # 2.......................669.00
resistance # 1.......................666.50
pivot.........................662.00
support # 1..........................660.00
support # 2..........................655.00

TO LEARN HOW TO TRADE THESE SWING NUMBERS / CALL OR EMAIL
TRADING PLATFORMS / RATES FOR ALL LEVELS OF TRADERS /
FREE RESEARCH FOR MY CLIENTS...... 888-282-2770...mdaly@manducatrading.com

trade smart.......................................

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