GOLD CLOSES UP $10.10 TODAY........
Once again the weakness of U.S Dollar produced a huge rally in the Gold market. The Gold traded in a CHOPPY $12.50 point range which included a bit of a late session profit take caused primarily by the strong sell-off in the Crude Oil today. The Dollar was 67 points lower and the Crude Oil was 160+ lower at the close of Gold. REPORTS FOR 11/08....JOBLESS CLAIMS & EXPORT SALES...7:30AM. CST. HIGH...843.50 LOW...831.00 CLOSE...833.50......................... SWING NUMBERS FOR 11/08............. RESISTANCE #2.............................848.00 RESISTANCE #1...............................841.00 PIVOT....................................................836.00 SUPPORT #1.........................................828.00 SUPPORT #2...........................................824.00 TRADE GOLD**** TRADE SMART*** OPEN AN ACCOUNT TODAY........888-282-2770 FULL SERVICE / SELF DIRECT |
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