Gold Closes $14.90 Lower Today..............

Today's Gold trade was a continuation of yesterday's sell-off. The market could not hold support levels and was touching off stop/loss orders causing the avalanche to continue. All seasoned traders realize the market corrects, retraces, and refreshes itself especially when a market has lacked direction . the last two weeks prior to yesterday and today the gold trade was very lackluster and traded in very tight ranges. However the last two trading sessions have gotten every bodies attention. The market had a $12.70 range today. When the Gold could not rally off the Gold production cut in South Africa that was an indication the Gold market was in for a correction. The Gold market is certainly alive and well and a bull market always attracts more public interest. However monies that were in the Gold in January have since transferred to other markets since losing confidence in the Gold's ability to trade above $700.00.
HIGH..............661.20 LOW....648.50 CLOSE...650.30.....
The following are guide-line numbers for Monday 6/11 AUGUST GOLD.......
resistance # 2...............666.00
resistance # 1...............657.50
pivot...............653.00
support # 1...................645.00
support # 2...................640.00

LEARN TO TRADE THESE NUMBERS / CONSULTATION / RATES & PLATFORMS /
OPEN AN ACCOUNT 888-282-2770................

I WOULD LIKE TO THANK ............WALTER TRAVERSY & PINA BERNARDI
FROM CFRA 580 AM (CANADA RADIO) ..FOR THE OPPORTUNITY.....
YOU GUYS ARE THE BEST !!!!!

TRADE SMART.............................................