Wednesday, October 10, 2007

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

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