Gold Closes Up $6.60 Today..............
The Gold market played off the weak U.S. Dollar today and broke through some very key technical levels to close $6.60 HIGHER. Fed Reports concerning a high rate of mortgage foreclosures probably was an indicator for the rally.Trading through $685.00 (August)and settling over $680.00 is very Bullish technically. The market traded in a $8.70 range......(MOSTLY UP) HIGH..............687.00 LOW.......678.30 CLOSE....687.40.............. check out www.commoditytrader.com ..written several Gold articles.............. The following are my guide-line numbers for 7/23...Monday...August Gold.............. resistance # 2.................692.50 resistance # 1................ 689.00 pivot..............683.50 support # 1......................679.50 support # 2......................674.50 LEARN HOW TO TRADE THESE NUMBERS.............. OPEN AN ACCOUNT...FULL SERVICE OR SELF DIRECT.......... TRADE SM,ART..................... |
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