Wednesday, January 02, 2008

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

0 Comments:

Post a Comment

<< Home