Gold Closed $2.30 Lower Today.................
Today's Gold market was very technical and traded between my support and resistance levels all day. A small$4.70 point range today. despite a weaker Dollar the Gold seemed to stall up around $666.00 and in my opinion traders took some profits the second half of the session. Some key economic numbers Thursday could possibly make tomorrows' trade very interesting. Reports 1/12 ...EXPORT SALES / JOBLESS CLAIMS /SUPPLY & DEMAND / TRADE BALANCE....ALL COMING OUT 7/12..THURSDAY...7:30 AM. CST................................... HIGH...666.10 LOW...661.40 CLOSE...662.10................................................................... The following are my guide-line numbers for August Gold 7/12............... resistance #2.................668.00 resistance #1.................664.50 pivot.............663.00 support #1.....................660.00 support #2.................... 658.00 LEARN TO TRADE THESE NUMBERS / TRADE FULL SERVICE OR SELF DIRECT/ ALL MARKETS / TO OPEN AN ACCOUNT.....CALL 888-282-2770...................... TRADE SMART......................... |
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