Gold Closes Up $2.30 Today....
The Gold Market traded in a CHOPPY $8.80 range today. The market felt a little TOP heavy and over bought early but the market managed to close HIGHER once again. despite a stronger U.S Dollar(10+) and a weak Crude Oil (51- at Gold close) the Gold once again shows it can make it's own path.Many traders realize the influx of physical Gold buying and the Geo-political conditions are two key reasons the Gold market is so strong. I am still looking for a slight correction .(MARKETS NEED TO REFRESH) before buying more call spreads. HIGH...813.80 LOW...805.00 CLOSE...810.80...................... SWING NUMBERS 11/06 DECEMBER GOLD....................... RESISTANCE #2......................819.00 RESISTANCE #1......................815.00 PIVOT.......................810.00 SUPPORT#1.............................806.00 SUPPORT #2............................801.00 TRADE GOLD ...TRADE SMART.......... OPEN AN ACCOUNT TODAY...........888-282-2770..................... FULL SERVICE / SELF DIRECT |
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