April Gold Closed $1.70 HIGHER Today......

The Gold market traded in a much calmer $8.50 point range today. Despite a stronger U.S. Dollar today the Gold managed to squeak out a modest gain. This market still feels a bit top-heavy to me...however the Market continues to hold support levels. HIGH...933.20 LOW...924.90 CLOSE...928.00................ Tomorrows SWING numbers for APRIL GOLD....... RESISTANCE #2.....................937.00 RESISTANCE #1.....................933.00 PIVOT.............929.00 SUPPORT #1...........................925.00 SUPPORT #2...........................921.00 TRADE SMART....TRADE GOLD.....CALL ME DIRECT...888-282-2770...........

DAY SESSION GOLD CLOSES DOWN $4.50...

The day session Gold market closed $4.50 lower while trading in a $6.90 point very nervous and choppy range in anticipation of word from the FOMC. THE DAY SESSION CLOSED AT $920.60. When traders learned the FOMC cut rates another 1/2 point it rallied the the night session Gold market up to the $936.30 level in what seemed like a heartbeat. DAY SESSION HIGH...923.20 LOW...916.30 CLOSE...920.60.... SWING NUMBERS BASED OFF DAY SESSION NUMBERS.............. RESISTANCE #2.....................928.00 RESISTANCE #1.....................924.00 PIVOT.....................920.00 SUPPORT #1...........................917.00 SUPPORT #2...........................912.00 TRADE SMART.....TRADE GOLD......CALL ME 888-282-2770---

GOLD CLOSES$16.40 HIGHER TODAY......

The trend continued today in the day session. Without a doubt this is a very strong gold market. However it feels very top-heavy to me. Despite the FOMC meetings Tuesday and Wednesday the general public has got Gold fever. if they do not cut enough (or at all )this gold market will drop fast.I have noticed a lot of PUT spread action in the market. Another large range today($12.00)....CONSUMER CONFIDENCE....TOMORROW 9:00 AM. CST...... HIGH...929.20 LOW...917.20 CLOSE...927.10...................... SWING NUMBERS FOR TUESDAY 1/29.....FEB. GOLD........... RESISTANCE #2..................935.00 RESISTANCE #1..................932.00 PIVOT.....................924.50 SUPPORT #1.........................920.00 SUPPORT #2.........................912.00..................... TRADE SMART....TRADE GOLD.........CALL ME...888-282-2770.............

GOLD CLOSES UP $4.90 TODAY...............

Problems in South African gold mines (electrical fires) helped cut production and sent the Gold market as high as $921.00 today. However in my opinion it was a typical Friday late session profit take that caused the Gold to close at the $910.70 level.Many Traders expect yet another FOMC rate cut after the Tuesday/Wednesday meetings.this pending ???? cut may already be in the market. Another large day session range ($15.00) today.... HIGH....921.00 LOW...906.00 CLOSE...910.70..... MY TRADING (SWING) NUMBERS FOR MONDAY 1/28...FEB GOLD............... RESISTANCE #2..................927.00 RESISTANCE #1..................918.00 PIVOT...............912.00 SUPPORT #1.........................903.00 SUPPORT #2.........................897.00 TRADE SMART / TRADE GOLD / TRADE WITH ME....888-282-2770

GOLD CLOSES UP $22.70 TODAY..............

ANOTHER VERY CHOPPY AND VOLATILE TRADE IN THE GOLD TODAY... The market rallied off another crushing day in the U.S. DOLLAR. (DOWN 60+@ GOLD close)... This market covered an $11.00 range in the day session, however the biggest part of this rally occurred in the over night session...Certainly one of the most VOLATILE markets of my career. HIGH...911.00 LOW...900.00 CLOSE...987.00.... TRADE SWING NUMBERS FOR FRIDAY 1/25...FEBRUARY GOLD.... RESISTANCE #2..............928.00 RESISTANCE #1..............911.00 PIVOT........905.50 SUPPORT #1....................900.00 SUPPORT # 2...................987.00................. TRADE SMART....TRADE GOLD......CALL ME.....888-282-2770

GOLD CLOSES $7.20 LOWER TODAY.........

Today's Gold market continued it's very volatile and choppy trend. The market traded in a $19.00 point range and traded off the the U.S. Dollar (11HIGHER @ the Gold Close) and for the most part traded in a very technical range.the liquidating of precious metal positions for the purpose covering Stock Portfolio margins continued late in the session. REPORTS: JOBLESS CLAIMS....7:30 am. CST. ENERGY REPORTS...9:30 am. CST. HIGH.....896.00 LOW...877.00 CLOSE...883.10.................... SWING NUMBERS FOR 1/24...THURSDAY...FEBRUARY GOLD.................. RESISTANCE #2........................904.00........ RESISTANCE #1........................893.00........ PIVOT..........................885.00 SUPPORT #1..............................875.00.......... SUPPORT #2..............................866.00.......... TRADE GOLD / TRADE SMART / CALL TO TRADE...888-282-2770

GOLD CLOSES UP $8.60 TODAY................

Today's Gold market brought back memories of the 1979 Gold market. With the FOMC using an EMERGENCY RATE CUT (.75....down to 3.5 % ) to try and offset the PLUNGE of Global Markets. The Gold traded as low as $849.50 in the over night session. The day trading session covered a $31.50 point range ...eventually closing $8.60 on the day. the general feeling is to expect another cut next week.... HIGH...895.50 LOW...864.00 CLOSE...890.30....... THIS SESSION WAS CERTAINLY ONE OF THE MOST VOLATILE I HAVE SEEN.... The following are my swing numbers for Wednesday 1/23...February Gold.... RESISTANCE #2..................914.00 RESISTANCE #1..................902.00 PIVOT.....................883.00 SUPPORT #1........................871.00 SUPPORT #2........................852.00 BE CAREFUL & TRADE SMART............... CALL 888-282-2770...TO OPEN AN ACCOUNT............

GOLD CLOSED UP $1.20 TODAY.....

Today's day session was a very tension filled choppy trade. The Gold traded in a wide and very volatile $12.40 point range today. It was also option expiration so that certainly added to the choppy swings. EXCHANGE HOLIDAY / MONDAY....Martin Luther King Day....1/21.......... Gold closed HIGHER despite STRONG U.S. Dollar............... HIGH...888.90.....LOW...876.50.....CLOSE....881.60............. SWING NUMBERS FOR TUESDAY 1/22....FEBRUARY GOLD...... RESISTANCE #2..................895.00 RESISTANCE #1..................887.50 PIVOT...................882.00 SUPPORT #1........................875.00 SUPPORT #2........................870.00 TRADE SMART ....TRADE GOLD..........CALL 888-282-2770

GOLD CLOSES DOWN $1.50 TODAY....

Another volatile and choppy trade today that included another $13.00 range. FOMC is creating a very nervous STAGE in the market place. More to come.... HIGH...890.00 LOW...877.00 CLOSE...880.50... START PRICING SOME SPREADS..... THE FOLLOWING ARE MY SWING NUMBERS FOR FRIDAY...1/18....FEB GOLD.......... RESISTANCE #2............89500 RESISTANCE #1............887.00 PIVOT..........882.00 SUPPORT #1..................874.00 SUPPORT #2..................869.00 TRADE SMART....TRADE GOLD........... 888-282-2770....................

GOLD CLOSES DOWN $1.50 TODAY...

GOLD CLOSES $20.60 LOWER TODAY....

With hopes of more Oil production ...the U.S Dollar was extremely strong today and sent the Gold market south along with the Crude Oil. The Gold had appeared to be a bit top-heavy and in need of a correction. A very choppy and volatile trade today. Another huge trading range.(13.20) The Gold slide began in the over-night market and continued in the day session .REPORTS FOR 11/17...THURSDAY...HOUSING STARTS...EXPORT SALES...AND JOBLESS CLAIMS......ALL AT 7:30 AM. CST. THE FOLLOWING ARE MY SWING NUMBERS FOR 11/17....FEBRUARY GOLD........ RESISTANCE #2................898.00 RESISTANCE #1................895.00 PIVOT......885.00 SUPPORT #1......................872.00 SUPPORT #2......................870.00 TRADE SMART....CALL TO TRADE TODAY...888-282-2770..........

GLD TRADES .80 CENTS LOWER ON THE DAY...

The day session traded in a very volatile $19.80 point range today. ONLY A HUGE LATE SESSION SELL-OF PREVENTED gold FROM YET ANOTHER HIGHER CLOSE. The U.S. Dollar finished lower on the day($7.00) and the Crude Oil got clobbered and was well over 200 points lower at he Gold close..... HUGE $19.80 POINT RANGE TODAY..HIGH...915.30 LOW...895.50 CLOSE...902.60... REPORTS:,,,CPI 7:30AM. CST... The following are my SWING NUMBERS for Wednesday 1/15...February Gold....... RESISTANCE #2.......................................924.50 RESISTANCE #1.......................................913.50 PIVOT.............................904.50 SUPPORT #1...............................................893.50 SUPPORT #2...............................................885.00 TRADE GOLD......CALL TODAY..... TRADE SMART.................888-282-2770

GOLD CLOSES UP $8.90 TODAY..........

Today's Gold trade is a continuation of the past several week scenario. The Daily beating of the U.S Dollar a very strong Crude Oil market has put the Gold market well over the $900.00 Dollar plateau.As we have learned markets do refresh /re-trace/ and correct. However there is no sign the Dollar is going to get long term help.Another big over-night move and huge trading range today...$8.80.points...HIGH...912.00 LOW... CLOSE..903.40 TUESDAYS REPORTS: PPI AND RETAIL SALES 7:30 AM. CST.............. The following are my SWING NUMBERS for 11/15....February Gold............... RESISTANCE #2......................915.00 RESISTANCE #1......................909.00 PIVOT................906.00 SUPPORT #1.............................900.00 SUPPORT #2.............................897.00 TRADE SMART.............CALL TODAY....888-282-2770

GOLD CLOSES UP $4.10 TODAY........

Today's Gold trade was less vicious than yesterday. Trading in a $8.60 point range the market did trade over $900.00 for the very first time!!! Continued woes concerning the U.S. Dollar and the existing economic woes kept Gold in the rally mode.I got out of the last of my BULL SPREADS TODAY. HIGH....900.10 LOW...891.50 CLOSE...897.50... The following are my swing numbers for Monday 11/14....February Gold......... RESISTANCE #2.....905.00 RESISTANCE #1.....900.50 PIVOT.....896.00 SUPPORT #1..........892.00 SUPPORT #2..........887.00 TRADE SMART.....OPEN AN ACCOUNT TODAY..888-282-2770......

GOLD CLOSED UP $11.60 TODAY........

As expected another very volatile trade in the Gold market today. I have been saying since Gold was trading under $600.00 (check past blogs) the HOUSING SECTOR is the backbone of this economy and it is in BAD shape!!! THERE CERTAINLY SHOULD HAVE BEEN MORE DRASTIC CUTS FROM THE FOMC LAST MONTH.Everyone is talking recession...The U.S Dollar is taking a world class beating, and this will continue to drive GOLD higher....(unless traders liquidate to cover margins elsewhere)....ALL TIME HIGHS...$26.80 POINT TRADING RANGE...... HIGH...897.00 LOW...870.20 CLOSE...893.60................... THE FOLLOWING ARE SWING NUMBERS FOR FRIDAY 1/11 FEBRUARY GOLD........ RESISTANCE #2.........905.00 RESISTANCE #1.........900.00 PIVOT..........887.00 SUPPORT #1..................877.00 SUPPORT #2..................875.00 TRADE SMART......OPEN AN ACCOUNT TODAY......88-282-2770

GOLD CLOSES UP $1.40 TODAY................

Today's market closed higher on a choppy nervous trade. Many traders traded on the conservative side due to ECONOMIC REPORTS and the knowledge of FOMC CHAIRMAN BEN BERHNANKE speaking tomorrow on the latest economic situation. Tomorrow could be a very wild trade...... REPORTS : EXPORT SALES...JOBLESS CLAIMS...WHOLESALE TRADE...7:30AM. CST. ALSO ...GAS STORAGE AT 9:30 AM. CST.......(GOLD ON ALL-TIME HUGH'S) HIGH...884.00 LOW...874.00 CLOSE...881.70........................... The following are my swing numbers for Thursday 1/10.....February Gold............... RESISTANCE #2..................890.00 RESISTANCE #1................. 886.00 PIVOT..................880.00 SUPPORT #1........................876.00 SUPPORT #2........................870.00 TRADE SMART.......OPEN AN ACCOUNT TODAY.........888-282-2770...................

GOLD CLOSES UP $18.30 TODAY............

Today's Gold market used the Middle-east tensions and a very bullish crude Oil market to climb to record highs. U.S. and Iraqi troops launched another surge against enemy insurgents. this in conjunction with mounting tensions with Iran have certainly fueled this rally. the U.S. Dollar is also still reeling due to a very poor housing sector.....All this is bullish for GOLD!!!...The Gold traded in a $9.80 Dollar range today...(BIG UP IN OVER-NIGHT SESSION) HIGH....883.80 LOW....874.00 CLOSE....880.30............. THE FOLLOWING ARE MY SWING NUMBERS FOR WEDNESDAY 1/9/08 RESISTANCE #2........................897.00 RESISTANCE #1........................884.00 PIVOT..........................879.00 SUPPORT #1..............................874.00 SUPPORT #2..............................861.00 TRADE SMART..........OPEN AN ACCOUNT TODAY...888-282-2770

GOLD CLOSES $3.40 LOWER TODAY......

With the help of rising unemployment and a weakening economy the U.S Dollar had another negative day.However the Crude oil reacted to poor gas storage news which prompted a sell off in the energies. The sell-off in the energies caused Gold traders to take profits (Gold has rallied $70.00 + Dollars in less than a month) early in the session.Another large range today ($14.00 point range) HIGH...871.50 LOW...857.50 CLOSE...865.70.......... HOUSING SECTOR NEWS AND EXPECTATIONS OF FURTHER RATE CUTS WILL KEEP ALL THESE MARKETS EXTREMELY VOLATILE...... The following are my SWING NUMBERS for February Gold for 1/7...Monday.... RESISTANCE #2....................879.00 RESISTANCE #1....................872.50 PIVOT.................865.00 SUPPORT #1.........................858.50 SUPPORT #2.........................851.00 TRADE SMART.........OPEN AN ACCOUNT TODAY.....888-282-2770

GOLD CLOSES UP $9.10 TODAY........................

Today's Gold market enjoyed yet another huge range and rally. Believe it or not the Gold was actually lower early in the session and felt rather TOP-HEAVY. The Gold got lots of help from worries of impending inflation /another run up to $100.00 per barrel in the Crude Oil. and a late session sell-off in the U.S.Dollar. REPORTS : UNEMPLOYMENT 7:30 am. CST and EXPORT SALES 7:30am. CST..... HUGE RANGE TODAY..($ 14.50)...HIGH...872.00 LOW...857.50 CLOSE...869.10..... The following are my SWING NUMBERS for FRIDAY 1/4....FEBRUARY GOLD..... RESISTANCE #2.....................880.00 RESISTANCE #1.....................874.50 PIVOT...............866.00 SUPPORT #1..........................859.50 SUPPORT #2..........................852.00 TRADE SMART.......OPEN AN ACCOUNT...888-282-2770

GOLD CLOSES UP $22.00 TODAY..........

Today's Gold rally got a lot of help today. The Crude Oil market traded over $100 per barrel for the first time ever, the U.S. Dollar got clobbered (70+ LOWER at the Gold close) and rumors of another rate cute sent the Gold market soaring today. The Gold traded in a $16.60 point range today. HIGH...864.50 LOW...847.90...CLOSE...860.00................ TOMORROW...JOBLESS CLAIMS...7:30AM. CST..... The following are my swing numbers for Thursday 1/3.....February Gold.... RESISTANCE #2..................874.00 RESISTANCE #1..................867.00 PIVOT.........................857.50 SUPPORT #1....................... 850.50 SUPPORT #2........................840.00 TRADE SMART.....................OPEN TODAY....888-282-2770