Monday, December 03, 2007

GOLD CLOSES UP $5.60 TODAY................

Today's Gold trade was fairly quiet and mild for a change.
The U.S. Dollar was down 19 points and the Crude Oil was 70+ lower at the Gold close.
Despite a lower run in the over night Gold session the day session rallied up to $795.00 before closing at $794.70. The market traded in a calm $6.20 range today.
HIGH...795.00 LOW...788.80 CLOSE...794.70................
THE FOLLOWING ARE MY SWING NUMBERS FOR TUESDAY 12/04...FEBRUARY GOLD...
RESISTANCE #2...................799.00
RESISTANCE #1...................796.00
PIVOT..........792.50
SUPPORT #1.........................790.00
SUPPORT #2.........................785.00....................
TRADE SMART.........TRADE GOLD....OPEN AN ACCOUNT....888-282-2770......

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