Tuesday, September 25, 2007

Gold Closes Down .50 cents Today................

A choppy and large range was the result of today's trade.
The Gold was $10.00 Lower over night and into the early day session.
Despite a very weak $U.S. Dollar and a Crude Oil market that was 130 + lower (at the Gold close) the Gold market rallied and late in the session was actually positive before settling down .50 cents for the day. HIGH...741.00 LOW...730.80 CLOSE...738.80.............
The following are my SWING NUMBERS for December Gold WEDNESDAY 9/26...........
resistance #2....................747.00
resistance #1....................743.00
pivot....................737.00
support #1.........................733.00
support #2.........................727.00

TRADE SMART........check out.....www.commoditytrader.com I have written several articles.....
FULL SERVICE / SELF DIRECT / RATES AND PLATFORMS FOR ALL TRADING LEVELS..

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