Tuesday, December 11, 2007

GOLD CLOSES UP $3.60 TODAY............

Today's Gold trade was very tentative in anticipation of the FOMC MEETING.
Despite a very strong Crude Oil market (up over 200 points at the Gold close) the Gold had a difficult time sustaining rallies due to an unusually up U.S. Dollar. Normally when Crude Oil and the Gold markets are up you would normally see a weaker Dollar. the Gold trade was extremely technical today trading between my SWING NUMBERS. nice $7.80 point range today.
HIGH...817.80 LOW...810.00 CLOSE...817.10......................................
THE FOLLOWING ARE MY SWING NUMBERS FOR 12/12 FEBRUARY GOLD...
RESISTANCE #2..................823.00
RESISTANCE #1..................820.00
PIVOT......................815.00
SUPPORT #1........................812.00
SUPPORT #2........................804.00

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CALL....888-282-2770.............
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