Gold Closes Up $4.80 Today............
Today's Gold trade was text book. The crude Oil was higher (40+ at Gold close) the U.S Dollar was lower(16 points at the Gold close) due to a decline in the U.S.housing was a real bull signal for the Gold trading community.The Gold held my support level today and made a run toward my resistance level late. A $8.50 point range today....HIGH..665.80 LOW..657.30 CLOSE..664.70.. Middle-east tension certainly needs to be watched when trading Gold and the Energies and it appears everyday brings a new situation that grabs my attention. Wednesday will reveal the API /EIA ENERGY STOCKS...(9:30 AM. CST.)........BE CAREFUL! The following are guide-line numbers for Wednesday 6/19 AUGUST GOLD.............. resistance #2.........................671.00 resistance #1.........................668.00 pivot..............................662.50 support #1..............................659.00 support #2..............................654.00 LEARN TO TRADE MY NUMBERS / FREE CONSULTATION / DISCUSS STRATEGIES / RATES AND PLATFORMS FOR ALL TRADING LEVELS / TO OPEN AN ACCOUNT..... CALL..888-282-2770...... CHECK OUT www.commoditytrader.com I have written several Gold Articles....... YAHOO/AT&T NSTANT MESSENGER = MANDUCAMIKE |
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