Tuesday, July 10, 2007

Gold Closes Up $1.90 Today................

The Gold market trended up today trading in a tight %30 point range in anticipation to FOMC Chairman Ben Bernanke"s speech (12:00 pm CST) TODAY.........................
His words certainly were not good news for the U.S Dollar (50 lower at he Gold close).
High..........667.00 LOW...........661.70 CLOSE.........664.40..................
The following are my guide-line numbers for 7/11 AUGUST GOLD............
resistance #2....................670.00
resistance #1....................667.50
pivot..............664.50
support #1.........................662.00
support #2.........................659.00

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

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