Thursday, June 28, 2007

Gold Closes Up $5.60 Today...............

Today's trade was cautious due to the FOMC meeting today.the market opened and drifted between a $4.30 point range all session. the Gold market traded above $650.00 today and caused a short cover rally up to 652.30 before settling at 650.40.The U.S Dollar was 4 points lower while the Crude Oil was 80+ higher at the Gold close. Reports: Tomorrow Friday 6/29..PERSONAL INCOME (7:30am.CST) HIGH..652.30..LOW...648.00..CLOSE...650.40...
The following are my guide-line numbers for 6/29...AUGUST GOLD............
resistance #2....................654.50
resistance #1....................652.00
pivot........650.00
support #1.........................647.50
support #2.........................645.50
LEARN TO TRADE THESE NUMBERS / FULL SERVICE / SELF DIRECT/
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