GOLD CLOSES UP $7.50 TODAY........

Traders sat on the side-lines with protected positions today awaiting the confirmation of a 1/4 point cut by the FOMC. (it was confirmed)...The Crude Oil was well over 300 points HIGHER at the Gold close.Tomorrows reports include: EXPORT SALES...JOBLESS CLAIMS...PERSONAL INCOME all to be released 7:30am. CST. The rate cut signals inflationary issues with the economy. Gold traded in a $8.50 point range today... HIGH...796.00 LOW...787.50 CLOSE...795.30... The following are my swing numbers for December Gold...Thursday 11/1......... RESISTANCE #2................801.00 RESISTANCE #1................798.50 PIVOT........793.00 SUPPORT #1.......................790.00 SUPPORT #2.......................785.00 TRADE SMART.............. OPEN AN ACCOUNT TODAY..........FULL SERVICE / DISCOUNT PLATFORMS

GOLD CLOSES $4.80 LOWER...

Investors seemed to trade on the cautious side pending the results of the FOMC two day meeting which will end Wednesday. The market traded in a $6.20 point range today with some light profit taking. The U.S. Dollar was unchanged and the Crude Oil was over 180 points lower at the Gold close.Tomorrow FOMC continues to meet....REPORTS...GDP 7:30am. CST. & CONSTRUCTION spending 9:00am. CST...(BE CAREFUL)..................... HIGH....788.40 LOW...782.20 CLOSE...787.80.............. RESISTANCE #2.................792.00 RESISTANCE #1.................790.00 PIVOT........................786.00 SUPPORT #1.......................783.50 SUPPORT #2.......................780.00 TRADE SMART........................ OPEN AN ACCOUNT TODAY......... FULL SERVICE / DISCOUNT PLATFORMS AVAILABLE........ 888-282-2770

Gold Closes Up $5.10 Today.............

Today's Gold trade was very choppy and seeking direction pending the two day (Tuesday 10/28 & Wednesday 10/31) FOMC MEETING. Many traders are expecting a1/4 point rate cut. Also tomorrow at 9:00am CST. CONSUMER CONFIDENCE REPORT. The U.S.Dollar was 16 lower at the Gold close and the Crude Oil was over 100 points higher. HIGH....795.00 LOW...789.00 CLOSE...792.50..................... THE FOLLOWING ARE MY GUIDE-LINE NUMBERS FOR DECEMBER GOLD 10/30...... resistance # 2.......798.00 resistance #1........795.00 pivot..............792.00 support #1.............789.00 support #2.............786.00 TRADE SMART.......... OPEN AN ACCOUNT TODAY...FULL / DISCOUNT INQUIRE ABOUT MY PRESENT TRADING STRATEGIES........... 888-282-2770

Gold Closes Up $3.10 Higher Today...........

Today's Gold session traded between my pivot and resistance area's virtually all day. The U.S. Dollar was 45+ lower and the Crude Oil was 80+ lower at the Gold close. Geo-political issues are still in the minds of most traders. i am starting to price and buy bull/call spreads again. the Gold traded in a $6.50 point range...HIGH...765.50 LOW...759.00...CLOSE...763.10........Physical demand should show an increase due to India's Wedding season and Holiday retailers.....(www.commoditytrader.com ) I have written a new article. The following are my guide-line numbers for 10/24 DECEMBER GOLD............. resistance #2..............769.00 resistance #1..............766.00 pivot..........762.50 support #1...................759.50 support #2...................756.00 TRADE SMART.............. OPEN AN ACCOUNT TODAY.......888-282-2770...............

Gold Closes $8.40 Lower Today...........

The Gold market closed $8.40 Lower today due to a unusually strong Dollar and a profit taking sell-off in the Crude Oil. Both the Gold and the energy markets have rallied to unfamiliar heights over the last two months.The Gold actually rallied from a low of $751.00 to close at $760.00 on REPORTS (ABC NEWS) "Turkish Troops Press Forward Toward Iraq Border"...... HIGH....760.50 LOW...751.00 CLOSE...760.00.............. KEEP AN EYE ON THE GEO-POLITICAL TENSION................. THE FOLLOWING ARE MY GUIDE-LINE NUMBERS FOR 10/23...DECEMBER GOLD........ resistance #2.............767.00 resistance #1.............763.00 pivot...................757.00 support #1..................753.50 support #2..................747.00 Trade Smart............. OPEN AN ACCOUNT...........888-282-2770

Gold Closes $6.40 Higher Today

Poor economic reports again early this trading kept the U.S. Dollar spiraling down-ward today. The very weak Dollar and the extremely strong Crude Oil markets propelled Gold another $6.40 Higher today.Situations and tensions in the Middle-east certainly helped the Gold and Crude Oils rallies.Tomorrow being Friday look for a possible profit taking opportunity as many investors prefer not to take positions home over the weekend. HIGH.......771.30 LOW.....766.70 CLOSE.....768.70........ The following are my guide-line numbers for FRIDAY 10/19....December Gold....... resistance #2.......................775.50 resistance #1.......................771.50 pivot.......................769.00 support #1........................... 766.50 support #2............................764.50 check out www.commoditytrader.com ......I have written new articles.......... TRADE SMART.........................

Gold Closes $6.40 Higher Today.........

Gold Closes Up .30 Cents Today...............

Today's Gold trade covered a $8.20 point move (mostly up) prior to closing just .30 cents higher. The early morning Housing sector report....BAD....Higher cost of credit = weak U.S.Dollar. The market felt over-bought early and sold off due to profit taking before.KEY REPORTS due out tomorrow. EXPORT SALES & JOBLESS CLAIMS 10/18 7:30am. CST... ABC NEWS REPORTS "TURKEY DEFIES U.S.,OK's IRAQ INVASION"......Just what we need...more tension in the region. HIGH....769.20 LOW...761.00 CLOSE...762.30..... The Following are my guide-line numbers for 10/18...Thursday...DECEMBER GOLD..... resistance #2...................772.00 resistance #1...................767.00 pivot........................764.00 support #1........................759.00 support #2........................756.00............................. CHECK OUT www.commoditytrader.com I have written anew article........ TRADE SMART.........OPEN AN ACCOUNT TODAY...888-282-2770 /312 -987-2077 WE TRADE THE WORLD...................

GoldCloses Up $8.40 Today.................

In the past two months the price of Gold has rallied over $100. Due to the Credit crunch in the Housing sector and the ever rising price in the Energy sector the U.S. Dollar has been taking a beating.Many traders believe another rate cut is apparent. The rising tensions in the Middle-east region are certainly a contributing factor as well. the Gold market traded a $5.50 point range today after a big up over night. HIGH.....765.50 LOW...760.00 CLOSE...762.20........... The following are my guide-line numbers for 10/16 December Gold................ resistance #2................771.00 resistance #1................765.00 pivot........762.50 support #1.....................759.50 support #2......................753.00 COULD BE VERY CHOPPY TOMORROW....KEY REPORTS OUT WEDNESDAY !!!!!!!!!! TRADE SMART............. OPEN AN ACCOUNT TODAY...888-282-2770

Gold Closes Up $2.90 Today................

Today's Gold trade was very choppy and saw a little profit taking after an early session rally saw the Gold trade up to the $751.80 level.The U.S Dollar continued to remain weak (14 points lower at the Gold close) and the Crude oil market was 40 points higher at 12:30 CST. Another large range ($7.60) ....TOMORROW...REPORTS....WHOLESALE TRADE 9:00am. CST....ENERGY INVENTORIES...9:30 am CST...... HIGH...751.80 LOW...744.20 CLOSE...746.00................. SWING NUMBERS FOR 10/11..THURSDAY....DECEMBER GOLD....... resistance #2...............754.00 resistance #1...............750.00 pivot..................747.00 support #1....................742.00 support #2....................740.00 TRADE SMART................... OPEN AN ACCOUNT TODAY..........888-282-2770

Gold Closes $3.40 Higher Today...........

Today's Gold market was extremely volatile and traded a $17.70 point range. The early portion of the session was reaction to U.S. Dollar STRENGTH off the UNEMPLOYMENT number. However the Dollar soon gave back all it's upside and was 14 points lower at the Gold close. The Gold has proven it's ability to rebound. At one point early in the session the December Gold market was trading at the $733.00m level. late in the session the market was at the $750.70 level before closing at $747.20.Early profit taking presented the opportunity to re- buy the Gold market in my opinion. HIGH....750.70...LOW...733.00 Close...747.20....It has been very hard to speculate and not be stopped out with these large swings. I am long Bull / Calls again.the following are my swing numbers for TUESDAY October 9Th ...........December Gold................................................ resistance #2.....................762.00 resistance #1.....................755.00 pivot....................744.00 support #1...........................737.50 support #2...........................726.00 TRADE SMART.........TRADE GOLD / OPEN AN ACCOUNT TODAY....888-282-2770 WE TRADE THE WORLD !!!!

Gold Closes Up $8.10 Today...................

Today's Gold trade was very volatile and found direction thanks to a very STRONG Crude Oil market(up 140 + points at Gold close) and a U.S. dollar that went from positive to negative (11 LOWER at the Gold close) late int he trading session.Gold opened 4-5 Dollars LOWER and TRADED on it's lows most of the first half. Huge $18.00 trading range today. BIG REPORT NUMBER TOMORROW : UNEMPLOYMENT 7:30 am. CST.................... HIGH...744.50 LOW...726.50 CLOSE...743.80............................ It appeared early on that traders were taking profits and willing to wait for the UNEMPLOYMENT report. However I believe the late session pounding of the U.S. Dollar gave investors the feeling the Dollar was in for more of the same Friday.................. The following are my SWING NUMBERS for FRIDAY 10/05...DECEMBER GOLD.............. resistance #2..............................756.00 resistance #1..............................749.50 pivot.......................738.00 support #1...................................731.50 support #2...................................718.00 TRADE SMART........... OPEN AN ACCOUNT TODAY............888-282-2770...................

Gold Closes .60 Cents Lower Today.............

Today's market was choppy and seeking (unsuccessfully) for direction. the market opened and traded up to it's High's early in the session before selling off and settling .60 cents LOWER on the day. Many traders and investors alike chose to stand on the side-lines pending tomorrows REPORTS.....EXPORT SALES & JOBLESS CLAIMS...7:30 AM CST... With a strong U.S. Dollar (up 20+) and a weak Crude Oil (down 20+) the Gold closed virtually UN-CHANGED....HIGH...741.00 LOW...732.50 CLOSE...735.70 The following are my SWING NUMBERS for Thursday 10/4...December Gold........... RESISTANCE #2.........................745.00 RESISTANCE #1.........................740.50 PIVOT.....................................736.50 SUPPORT #1................................732.00 SUPPORT #2................................728.00 TRADE SMART........... OPEN AN ACCOUNT TODAY.........888-282-2770...........

Gold Closes $17.80 LOWER Today..............

With the help of a STRONG U.S. Dollar (up 35+ at the Gold close) traders took profits. The profit taking caused a bit of an avalanche effect while taking out support levels and touching off stop-loss orders on the way down. Many traders figured a profit take was evident after a $100+ point rally in less than 2 months. Many traders felt the market was over-bought. All markets need to refresh..I believe the Gold will rebound and trade higher by year end. The market traded a $10.20 point range today.(half the down trend in the over night market)... HIGH.....741.00 LOW.....730.80 CLOSE....736.60.............. SWING NUMBERS FOR 10/03...DECEMBER GOLD...... resistance # 2.........746.00 resistance #1...........741.00 pivot.....................736.00 support #1.................731.00 support #2...................726.00 TRADE SMART...............888-282-2770 OPEN AN ACCOUNT TODAY........................