Friday, December 21, 2007

GOLD CLOSES UP $12.20 TODAY.............

Today's Gold session was very bullish from start to finish.
The U.S. Dollar was lower today (8 LOWER at the Gold close) and with the help of a very strong Crude Oil (follow through from inventories yesterday) the Gold community took the incentive to drive out "SHORT" positions and take out key technical area's. The next key area is $822.50...
The Gold traded in a $9.50 point range today........
HIGH ... 816.30 LOW...806.80 CLOSE...815.40.................
THE FOLLOWING ARE MY SWING NUMBERS FOR 12/24...FEBRUARY GOLD.............
RESISTANCE #2...............822.50
RESISTANCE #1...............819.00
PIVOT.......................813.00
SUPPORT #1.....................810.00
SUPPORT #2.....................803.00

TRADE SMART....OPEN AN ACCOUNT TODAY....888-282-2770
WWW.MDALY@MANDUCATRADING.COM

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