Monday, December 24, 2007

GOLD CLOSES $1.10 HIGHER TODAY.......

Typical Christmas Eve. trading session today.
The Gold traders tested the Pivot and the first resistance today before closing $1.10 Higher.
With help of another lower day for the U.S. Dollar the Gold basically was UN-eventful.
Expect much of the same through the remaining year. (unless there is news).....
The market traded in a $5.50 point range...HIGH...819.20 LOW...813.70 CLOSE...816.50...
The following are my swing numbers for WEDNESDAY 12/26...FEBRUARY GOLD.....
RESISTANCE #2.............822.00
RESISTANCE #1.............819.00
PIVOT................816.50
SUPPORT #1.................. 814.00
SUPPORT #2...................811.00

TRADE SMART / TRADE GOLD
OPEN AN ACCOUNT WITH ME TODAY...888-282-2770

MERRY CHRISTMAS

0 Comments:

Post a Comment

<< Home