Friday, July 06, 2007

Gold Closes Up $4.20 Today..................

Today's Gold trade opened and traded lower early on in the session.
After the U.S. Dollar softened and traded negative it paved the way for the Gold market to rally and close $4.20 higher on the day.Geo-political tensions still high and ABC NEWS reported Goldman Sachs had received threats (in letter form ) from terrorists promising hundreds will die...The gold closed over $650.00 and I believe that is a sign of strength.
The market traded a $9.60 range. HIGH...656.80 LOW...647.20 CLOSE...654.80.............
The following are my guide-line numbers for 7/9 Monday....August Gold.......................
resistance #2...................663.00
resistance #1...................659.00
pivot....................653.00
support #1........................649.00
support #2........................643.00

TO LEARN TO TRADE THESE NUMBERS / FULL SERVICE & SELF DIRECT /
TRADE ALL MARKETS / RATES AND STRATEGIES FOR ALL LEVELS /
OPEN AN ACCOUNT.........888-282-2770..............
TRADE SMART..............

WWW.COMMODITYTRADER.COM I HAVE WRITTEN SEVERAL ARTICLES...........


0 Comments:

Post a Comment

<< Home