Gold Closes Up $2.80 Today...................

The Gold market today was very technical ands traded in a tight $4.10 point range.
As I said yesterday many traders were awaiting three very market moving reports due out tomorrow (Thursday 5/24) and sometimes the BEST TRADE you make is THE ONE YOU DON"T MAKE..........expect some CHOPPY and VOLATILE swings prior to the Three day Memorial Day Weekend Holiday....As i said Three reports to watch..(Thursday).........
JOBLESS CLAIMS ...7:30 am. (cst.)....EXPORT SALES...7:30 am. (cst.)...NEW HOME SALES....9:00 am. (cst).......................
HIGH.....665.30 LOW.....661.20 CLOSE....662.60............................
The following are my guide-line numbers for tomorrow....(HOWEVER watch the report times and hold-off until the dust settles)........................
resistance # 2...................667.00
resistance # 1...................665.00
pivot............663.00
support # 1...................... 660.50
support # 2.......................659.00

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OPEN AN ACCOUNT..RATES/PLATFORMS for all trading levels.............
CALL 888-282-2770 EMAIL MDALY@MANDUCAtrading.com


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