Gold Closes Up $ 5.10 Today.............
Today's Gold trade was very strong and traded in a $10.30 point range. The gold market got a push early rallying off a very weak U.S. Dollar (DOWN 50+ points at the gold close) . The weak payroll numbers UNEMPLOYMENT REPORT) was worse than expected and certainly started the Dollar avalanche. BE CAREFUL Gold has rallied $60+ Dollars in the past 3 weeks! The Stock Market is getting cracked again and investors may liquidate Gold positions to cover Stock margins AGAIN. High.....716.50 Low...706.20 Close...709.70 SWING NUMBERS................ resistance #2........................721.00 resistance #1........................716.00 pivot.....................711.00 support #1.............................705.00 support #2.............................701.00 FULL SERVICE /SELF DIRECT / PLATFORMS / OPEN AN ACCOUNT...888-282-2770............. TRADE SMART.................. CHECK OUT www.commoditytrader.com WRITTEN SEVERAL GOLD ARTICLES............ |
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