Tuesday, July 17, 2007

Gold Closed .40 Cents Lower Today..............

Today's Gold market traded in a small tight range today.I believe the Gold community sat back in anticipation of economic reports coming out tomorrow and Thursday.Reports due out tomorrow include Housing Starts & CPI at 7:30am. CST. My belief is as long as Gold closed above $660.00 today it would keep the bullish trend in place. The market trades in a 5.10 Dollar range ...HIGH....668.20 LOW...663.10 CLOSE...665.90....................
The following are my guide-line numbers for 7/17 Wednesday....AUGUST GOLD...........
resistance #2......................671.00
resistance #1......................669.00
pivot.....................666.00
support # 1..........................664.00
support # 2..........................661.00

LEARN TO TRADE THESE NUMBERS...............
FULL SERVICE/SELF DIRECT/ RATES AND STRATEGIES FOR ALL LEVELS.....
CONSULTATION AND RESEARCH AVAILABLE...........
CHECK OUT WWW.COMMODITYTRADER.COM ...........I HAVE WRITTEN SEVERAL GOLD ARTICLES.............................OPEN AN ACCOUNT....888-282-2770

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


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