Late Session Rally causes Gold To Close $4.40 Higher Today............
Today's Gold trade was very tight and technical.the market traded virtually between my pivot and resistance points all day.A weak U.S. Dollar and a higher Crude Oil market certainly helped to support the Gold rally. I believe the reporting of a surge in physical Gold buying (especially in the Middle-east ) has been the catalyst . The market traded in a $5.00 range today............ HIGH 678.50..............LOW 673.50............. CLOSE 678.10................... Tomorrow being Friday ...we may see some profit taking !!! the following are my guide-line numbers for Friday 7/20....AUGUST GOLD................. resistance #2.............681.50 resistance #1.............679.50 pivot.........676.50 support # 1.................673.50 support # 2.................671.50 TO LEARN HOW TO TRADE THESE NUMBERS / OPEN AN ACCOUNT / FULL SERVICE / SELF DIRECT ....888-282-2770.............. WE TRADE THE WORLD......RESEARCH / CONSULTATION TRADE SMART.................................. WWW.COMMODITYTRADER.COM .................I HAVE WRITTEN SEVERAL ARTICLES ON GOLD.......... FREE COMMODITY GUIDE /OR / OPTIONS TRADING STRATEGIES BOOKLET / |
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