Tuesday, August 14, 2007

Gold Closes Down $1.20 Today..........

Today's trade was choppy and traded in a $5.70 point range.
In my opinion the Gold market has been unable to sustain or hold any rallies to to the newly found strength of the U.S. Dollar. despite another weak day on Wall Street the Dollar is holding strong after an injection of U.S FUNDS into the Lending arena.
with the present housing market and foreclosure rate I'd be skeptical.
Reports: CPI... / REAL EARNINGS...,,7:30 am. CST. Energy Stocks..9:30 am. CST.
High......675.80 LOW.....670.10 CLOSE....673.40..............
SWING NUMBERS FOR 8/15 WEDNESDAY..............OCTOBER GOLD..............
resistance # 2...............679.00
resistance #1................676.00
pivot....................673.00
support #1.....................670.00
support #2.....................667.00
LEARN TO TRADE THESE SWING NUMBERS..........
FULL SERVICE / SELF DIRECT / OPEN AN ACCOUNT...888-282-2770
FREE OPTION STRATEGIES BOOKLET...........
TRADE SMART...............

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