GOLD CLOSES $2.00 DOLLARS LOWER TODAY...
Despite a very strong Crude Oil market today the Gold community could not sustain any rallies today based off the strength of the U.S. Dollar (20+ HIGHER at Gold close). The Dollar reacted to lower foreclosures in November ...down from the previous month of October. I am still convinced the foreclosure rate is a long way from up trending. gold traded in a $6.30 point range that had a nervous feel to it. (IN MY OPINION)...Lots of REPORTS tomorrow................ EXPORT SALES.......GDP.........JOBLESS CLAIMS....7:30AM. CST............. HIGH.........809.10 LOW......802.80 CLOSE..........805.40.............. The following are my SWING numbers for Thursday 12/20.................... RESISTANCE #2.......................812.00 RESISTANCE #1.......................809.00 PIVOT.......................806.00 SUPPORT #1.............................803.00 SUPPORT #2.............................800.00.................... TRADE SMART.......OPEN AN ACCOUNT WITH ME ONLINE www.manducatrading.com or call for a free consultation..........888-282-2770...... |
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