Thursday, September 06, 2007

Gold Closes Up $13.90 Today...............

Today's Gold trade was Bullish from start to finish. The trade was fueled by a weaker U.S Dollar and technical triggers which I believe brought FUND and flight to quality investor's back into the market. December Gold traded through $700 and $705 (both significant resistance levels) and posted a $12.00 range.Gold certainly has rebounded from every obstacle thrown in it's path.
HIGH...707.00 LOW...695.00 ...CLOSE...704.60................
Reports Due Out Tomorrow...EXPORT SALES....& UNEMPLOYMENT REPORT.....7:30AM. CST. and WHOLESALE TRADE 9:00 am CST.........................
SWING NUMBERS FOR FRIDAY 9/7...DECEMBER GOLD...................
resistance #2.............714.00
resistance #1..............709.00
pivot....................702.00
support #1....................697.00
support #2...................690.00

Learn to trade these numbers................
FULL SERVICE / SELF DIRECT / OPEN AN ACCOUNT.....888-282-2770..............
TRADE SMART....................

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