Gold Closes $6.00 Higher Today....................

Today's Gold trade reacted off a very strong Crude Oil market (up 124 at Gold close) and the anticipation of as possible rate cut from the FOMC tomorrow (Tuesday 9/18) during their meeting beginning at 9:00am CST. There is a consensus rates will be cut ,however traders vary whether it will be 1/4 or 1/2 point. Also the PPI report will be released at 7:30 am CST tomorrow. The market traded in a $8.50 point range ....HIGH...728.30 LOW...719.80 CLOSE...723.80... The following are my SWING numbers for 9/18....December Gold.................... resistance #2............................732.00 resistance #1.............................728.00 pivot............................................. 724.00 support #1.....................................720.00 support #2.......................................716.00............... WE TRADE THE WORLD ...\ FULL SERVICE / SELF DIRECT / RATES AND PLATFORMS FOR ALL TRADING LEVELS... OPEN AN ACCOUNT................888-282-2770............... TRADE SMART.......................... CHECK OUT www.commoditytrader.com I have written several articles on Gold.............