Wednesday, January 30, 2008

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---

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