GOLD CLOSES $13.00 HIGHER TODAY.....
Today's Gold trade was very strong in response to a very WEAK U.S. Dollar (39 points LOWER at Gold close) and a very STRONG Crude Oil rally (UP 150+ points at Gold close). This housing sector foreclosure debacle is beginning to effect the commercial property sector. This certainly is not good news for the Dollar. The Gold traded in a $ 11.10 dollar range today. HIGH...830.00 LOW...818.90 CLOSE...829.70...........ECONOMIC REPORTS 12/27 JOBLESS CLAIMS...7:30AM. CST... CONSUMER CONFIDENCE ...9:00AM. CST..... The following are my SWING NUMBERS for Thursday 12/27................. RESISTANCE #2.........................838.00 RESISTANCE #1.........................833.00 PIVOT......................826.00 SUPPORT #1...............................822.00 SUPPORT #2...............................815.00 TRADE SMART........OPEN AN ACCOUNT....888-282-2770 |
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