Wednesday, November 14, 2007

GOLD CLOSE UP $15.70 TODAY..........

A weak U.S Dollar and a very Bullish Crude Oil market helped Gold gain back some of it's recent pull back. The market seems to be very strong. Even under extreme pressure (from profit taking ) the trend is still higher and the Gold has more than shown it's ability to rally right back.Another huge range up day...$15.70 HIGHER...only trading in a $7.40 range during the day trading session.(THE REST OVER NIGHT)........HIGH...817.40 LOW...810.00 CLOSE...814.70..........THE FOLLOWING ARE MY SWING NUMBERS FOR 11/15....FRIDAY..FOR DECEMBER GOLD........
RESISTANCE #2..................821.00
RESISTANCE #1..................818.00
PIVOT............814.00
SUPPORT #1........................810.50
SUPPORT #2........................807.00

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