Wednesday, November 21, 2007

GOLD CLOSES UP $7.10 TODAY...............

Today's Gold market was a CHOPPY pre - Holiday market with a $9.50 point range.
Another weak trading day for the U.S Dollar helped fuel the Gold rally.
Crude Oil soared early before selling off late session. Thursday exchanges closed (Thanksgiving Holiday) and Friday many markets will have shortened sessions.
EXPORT SALES OUT Friday 7:30AM. CST......I put on some BULL/CALL spreads in the past few days. I feel we will drift higher...HIGH..805.00 LOW..795.50 CLOSE..798.60...........
RESISTANCE #2.....................810.00
RESISTANCE #1.....................805.00
PIVOT........800.00
SUPPORT #1...........................795.00
SUPPORT #2...........................790.00.............
TRADE SMART.......TRADE GOLD............CALL TODAY..888-282-2770........
I WILL BE OFF TIL MONDAY....NO BLOG FRIDAY............

HAPPY THANKSGIVING !


0 Comments:

Post a Comment

<< Home