Tuesday, November 20, 2007

GOLD CLOSES UP $13.40 TODAY............

Today's market followed the lead of the over night Gold session , The over night trade was $9.00 Higher based off a very weak U.S. Dollar and very high Crude Oil prices.
Gold traded in a$10.50 point range today only selling off late in the session (profit takers).
Tomorrow: JOBLESS CLAIMS..7:30AM. CST...LOOK FOR MANY TRADERS TO CALL IT AN EARLY DAY TOMORROW IN PREPARATION FOR A THURSDAY (THANKSGIVING HOLIDAY) AND THE EXCHANGE HOLIDAY...(be careful)................................
HIGH....799.10...LOW...788.60...791.40.........
SWING NUMBERS FOR WEDNESDAY 11/21...DECEMBER GOLD...........
RESISTANCE #2.............................806.50
RESISTANCE #1.............................797.50
PIVOT.....................793.00
SUPPORT #1...................................787.00
SUPPORT #2...................................779.50..............
U.S DOLLAR.......45 POINTS LOWER-----CRUDE OIL...250+ HIGHER............
TRADE SMART........TRADE GOLD................CALL TODAY...888-282-2770...

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