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............... |
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