Gold Close Down $1,00 Today........
Friday's Gold trade was slight profit taking session ,The market was seeking direction and traded in a very technical $5.20 point range.I am long Bull/Call spreads and feel it is the way to trade this market presently.The Crude Oil was over 100 points higher and the U.S.dollar was 5 points lower at the Gold close. Keep an eye on the Middle-east and trade this market with stop / loss or spreads would be my recommendation. HIGH..........669.70 LOW......664.50 CLOSE.....667.30.................. The following are my guide-line numbers for MONDAY 7/16....AUGUST GOLD....... resistance # 2................672.00 resistance #1.................669.50 pivot..........667.00 support #1......................664.00 support #2......................662.00 TO LEARN TO TRADE THESE NUMBERS / 888-282-2770 OPEN AN ACCOUNT / FULL SERVICE ......SELF DIRECT....../ ALL LEVELS OF EXPERIENCES WELCOME / RATES / CONSULTATION / CALL...888-282-2770...... |
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