Gold Closes Down $1.00 Today.......................
Today's Gold trade was very choppy and provided some profit taking opportunities today. The market traded in a $11.50 Dollar range and closed $1.00 Lower. Due to the Jewish Holiday volume was down today.The market traded as High as $745.50 during the early trading session and certainly felt like it was on it's way to $750.00. The U.s Dollar gained a little strength today and the Crude Oil was lower at the Gold close. I still believe there is concern with the Middle-east tensions and in my opinion the trading community would prefer to be LONG rather than SHORT. HIGH.....745.50 LOW.....734.00 CLOSE.....738.90............................. The following are my swing numbers for Monday 9/24....DECEMBER GOLD............... resistance #2..........................750.00 resistance #1..........................745.00 pivot.........................739.50 support #1...............................733.50 support #2...............................728.00 TRADE SMART............. OPEN AN ACCOUNT TODAY ONLINE....FULL SERVICE / SELF DIRECT PLATFORMS RATES AND STRATEGIES FOR ALL TRADING LEVELS.............. 888-282-2770.....CHECK OUT www.commoditytrader.com ...I have written several Gold Articles............ |
0 Comments:
Post a Comment
<< Home