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 |
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