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