Friday, November 09, 2007

GOLD CLOSES $2.80 LOWER TODAY....

Today's Gold market covered a $8.90 point range. The volatility caused traders to take some profits mid-session to the close .The U.S. Dollar was slightly higher (4Pt's.) at the Gold close.
The Gold community is very aware of the plight of the Stock market lately.
They are also aware of the possibilities of Stock Traders selling their Gold positions to cover their Stock margins if this trend continues. HIGH...837.40 LOW...828.50 CLOSE...835.20...
MONDAY IS VETERANS DAY *** HOWEVER GOLD WILL TRADE......
SWING NUMBERS FOR 11/12....DECEMBER GOLD.....
RESISTANCE #1......................843.00
RESISTANCE #2......................839.50
PIVOT.........................834.00
SUPPORT #1.............................830.50
SUPPORT #2.............................825.00
*********** HAPPY BIRTHDAY UNITED STATES MARINES*************
TRADE GOLD....TRADE SMART... FULL SERVICE / SELF DIRECT
call today.............888-282-2770...................

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