Friday, January 11, 2008

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......

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