Tuesday, February 26, 2008

GOLD CLOSES $8.40 HIGHER TODAY...........

Another strong rebound in the Gold trading session today.
Despite a mild pounding yesterday the Bulls won the day.
The market traded in a technical range early(I tried to buy $934.00...low was 936.00) and with the help of a WEAK U.S. Dollar the Gold rallied along with the Crude Oil (based on OPEC reports of production reduction).....REPORTS FOR 2/27....NEW HOME SALES 9:00 AM. CST...
HIGH...950.50 LOW...936.00 CLOSE...948.90..............
SWING NUMBERS FOR 2/27...APRIL GOLD....................
RESISTANCE #2.............................959.00
RESISTANCE #1.............................954.00
PIVOT...............................945.00
SUPPORT #1...................................939.50
SUPPORT #2...................................932.00...........................
TRADE GOLD.....TRADE SMART.............OPEN AN ACCOUNT...888-282-2770..........

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