Today's Gold Market Closed Down $7.80 Today.....
Despite a very weak.U.S. Dollar (DOWN 30 points at Gold close) the Gold market tried and failed to rally early. I feel the market is a little top heavy and after a $70 plus rally over the past month may need to refresh. The Gold traded in a $7.80 point range today (mostly down) and if the Crude oil had not been so bullish today I believe the metals would have sold off much stronger. High....722.30 LOW....714.50 CLOSE....720.70..................... REPORTS...9/13...Thursday...December Gold...JOBLESS CLAIMS /EXPORT SALES...7:30am.....CST................THE FOLLOWING ARE MY SWING NUMBERS FOR 9/13 FOR DECEMBER GOLD........... resistance #2..........................727.00 resistance #1..........................723.50 pivot........................719.00 support #1...............................715.50 support #2...............................711.00 FULL SERVICE / SELF DIRECT / PLATFORMS & RATES FOR ALL TRADING LEVELS. OPEN AN ACCOUNT TODAY........888-282-2770................... TRADE SMART.............. |
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