Monday, January 14, 2008

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

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