Wednesday, September 05, 2007

Gold Closes Down .80 Cents.................

Today's trading session was sluggish and despite another U.S Stock Market pull back (DOWN 130 + at the Gold Close) the Gold market held it's ground today. The U.S.Dollar was 30+ Lower and the Crude Oil was 20+ Higher at the Gold session close. Traders I have talked with seem to have an uneasy feeling carrying positions over night due to the immense volatility.
The market traded in a tight $4.40 range today. HIGH...692.50 LOW...687.80...CLOSE...690.90
SWING NUMBERS FOR 9/6 THURSDAY....DECEMBER GOLD.........
resistance #2...........................695.00
resistance #1...........................692.00
pivot....................690.50
support #1................................689.00
support #2................................686.00

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

CHECK OUT WWW.COMMODITYTRADER .COM ......I HAVE WRITTEN SEVERAL GOLD ARTICLES.......................................

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