Monday, February 04, 2008

GOLD CLOSES $410.00 LOWER..........

Another wild west day. Another huge range ($14.00 pt.). Another CHOPPY and Volatile session.
WELCOME to the world of trading GOLD. For traders who love volatility with volume ...this is the Market for you. I believe his will continue for months to come.After failing to hold early support the market rallied HARD the last hour of the trading session and showed great resilence.
HIGH.......910.00 LOW.......896.00 CLOSE.....909.40............
THE FOLLOWING ARE MY SWING NUMBERS FOR 2/5...APRIL GOLD (TUESDAY)......
RESISTANCE #2.....................919.00
RESISTANCE #1.....................914.00
PIVOT........................905.00
SUPPORT #1...........................900.00
SUPPORT #2...........................891.00

TRADE SMART...TRADE GOLD... TRADE WITH ME.....888-282-2770.

0 Comments:

Post a Comment

<< Home