Wednesday, August 29, 2007

Gold Closes Up $1.90 Today.....................

Today's trade was very choppy and uncertain today due to the anticipation of several key economic numbers tomorrow morning. EXPORT SALES and JOBLESS CLAIMS 7:30am CST.
and GAS STORAGE 9:30 am CST... Many traders still appear to be gun-shy concerning building positions after the credit crunch sell-off in the Stock Market these past few weeks.
The Gold had trouble once again up around the $678.00 level and in my opinion needs to break through it as well as the $680.00 level to get the Bull market rolling once again.
Gold traded a $4.70 point range...HIGH....678.00 LOW...673.30 CLOSE...675.40
SWING NUMBERS FOR THURSDAY 8/30 FOR DECEMBER GOLD..................
resistance #2................680.00
resistance #1................678.00
pivot........675.50
support #1.....................673.00
support #2.....................670.00

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

TRADE SMART...................................

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