GOLD CLOSES UP $13.30 TODAY.....
The Gold market reacted to a very weak U.S. Dollar today and closed $13.20 higher. With the FOMC meeting tomorrow many traders believe the FOMC COMMITTEE will cut rates once again. The question is..... will it be a 1/4 or 1/2 point?By the strength of the Gold market today it appears the professionals believe it will be a 1/2 point. Huge $11.00 point range. HIGH...817.50 LOW...806.50 CLOSE...813.00...................... RESISTANCE #2..................822.50 RESISTANCE #1..................818.50 PIVOT.......812.50 SUPPORT #1........................807.50 SUPPORT #2........................801.50............................ TRADE SMART / TRADE GOLD / OPEN AN ACCOUNT WITH MIKE DALY 888-282-2770................GO ON-LINE..................... |
0 Comments:
Post a Comment
<< Home