Monday, December 31, 2007

GOLD CLOSES DOWN $4.70 TODAY..........

On the last day of the trading year the Gold trading community appeared to take profits.
A very choppy trade on light volume was the story of the day.
The market traded in a $9.50 point trading range.
The U.S. Dollar was negative early on , however it closed up 36 points today.
HIGH...842.70 LOW...833.20 CLOSE...838.00........
The following are my SWING numbers for 1/2/08....February Gold.............
RESISTANCE #2................847.00
RESISTANCE #1................843.00
PIVOT..............838.00
SUPPORT.#1.......................833.50
SUPPORT #2.......................829.00

TRADE SMART................888-282-2770---------TO OPEN AN ACCOUNT........
HAPPY NEW YEAR!!!!!!!!!!!!!!!!!!

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