Thursday, December 06, 2007

GOLD CLOSES UP $3.40 TODAY.....

The Gold market showed remarkable resilience today rallying from a opening range low of $793.00 to close at $807.10. The Gold trade reflected the roller-coaster path of the U.S Dollar
(high 76.80...low76.30).The Gold and Dollar move in opposite directions (MOST OF THE TIME) and when NEWS REPORTS (ABC NEWS) stated "HOME FORECLOSURES HIT ALL-TIME HIGH" certainly sent the Dollar spiraling downward and the Gold running to the upside.
CHECK OUT MY SWING NUMBERS FOR TODAY'S GOLD MARKET *******
CHECK OUT www.commoditytrader.com (written new article)
reports:..UNEMPLOYMENT 7:30AM. CST.
HIGH...811.50 LOW...793.00 CLOSE...807.10........$18.50 DOLLAR RANGE ****
THE FOLLOWING ARE MY SWING NUMBERS FOR 12/07...FEBRUARY GOLD.......
RESISTANCE #2.....................822.00
RESISTANCE #1.....................815.00
PIVOT.......................804.00
SUPPORT #1............................796.50
SUPPORT #2............................786.00 .....................................................

TRADE SMART.....OPEN AN ACCOUNT TODAY...888-282-2770...

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