Gold Closes $7.70 Higher Today...............
The Gold trades in a $7.20 point range today despite a weak Crude Oil market and only a slightly weaker U.S. Dollar. I attribute most of today's rally to a fundamental follow through from Friday's trade. Friday's Gold market closed above $650.00 and to my way of thinking was BULLISH. Today's trade opened above my pivot area and rallied as high as $665.00. If the market can rise above the $666.00 and $670.00 levels it will have traded through key resistance area's and return to what I believe a Bullish trend.............. REPORTS: 7/10...WHOLESALE TRADE..9:00 AM. CST........................... HIGH....665.00 LOW.....657.80 CLOSE....661.90............. the following are my guide-line numbers for 7/10 Tuesday..AUGUST GOLD......... resistance # 2................669.00 resistance # 1................665.00 pivot.........661.50 support # 1.....................658.00 support # 2.....................654.50 LEARN TO TRADE THESE NUMBERS / PLATFORMS & FULL SERVICE / RATES & STRATEGIES FOR ALL TRADING LEVELS / RESEARCH /............................... TRADE ALL MARKETS........OPEN AN ACCOUNT..............888-282-2770............. WWW.COMMODITYTRADER.COM ..........i HAVE WRITTEN SEVERAL ARTICLES......... TRADE SMART !. |
0 Comments:
Post a Comment
<< Home