Monday, August 27, 2007

Gold Closes $1.30 Today.......

Today's Gold trade was very quiet and covered a very small $1.90 point range.
Consumer Confidence report will be released tomorrow 9:00 am. CST.
I believe many traders are waiting for direction from the Dollar before taking positions.
Thursday will reveal key economic numbers and should produce some movement.
HIGH......676.90 LOW.....675.00 CLOSE....676.20..........................
Due to the very tight range my swing numbers will be very tight as well....careful.....
resistance #2.................678.00
resistance #1.................677.00
pivot......................676.00
support #1......................675.00
support #2......................673.00
LEARN TO TRADE THE SWING NUMBERS..............................
OPEN AN ACCOUNT..........FULL SERVICE /SELF DIRECT / 888-282-2770
CHECK OUT...www.commoditytrader.com ....I have written several Gold articles............

Trade smart......................

0 Comments:

Post a Comment

<< Home