Monday, August 20, 2007

Gold Closes .30 Cents Lower..........

Today's gold session was very tentative and could not hold rallies.
This was due in my opinion to a surprisingly positive U.S. Dollar and a weak Crude Oil (down 150 + Pt's, at the Gold close).Two reports that bear watching tomorrow morning:
PPI and The U.S. TRADE BALANCE...7:30 AM. (CST.)................
HIGH..........670.50 LOW........664.50 CLOSE.......666.50..............
THE FOLLOWING ARE MY SWING NUMBERS FOR 8/21...DECEMBER GOLD...............
resistance #2...............673.00
resistance #1...............669.50
pivot..................667.00
support #1....................663.50
support #2....................661.00

TO LEARN TO TRADE THESE NUMBERS...........
TO OPEN AN ACCOUNT....FULL SERVICE / SELF DIRECT
CALL 888-282-2770
TRADE SMART.......................

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