Thursday, January 03, 2008

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

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