GOLD CLOSES UP $ 8.00 TODAY...........
It was truly a tale of two cities today. the gold market reacted off a VERY srong U.S. Dollar sold off early and blew through all my support levels and traded as low as $916.50. The flipside of this trading session took place thanks to a weakening U.S. Dollar and a Crude Oil rally. The Gold showed extreme strength and actually closed at $937.80...(a $22.90 RANGE)... REPORTS FOR 2/21 THURSDAY...JOBLESS CLAIMS...7:30 AM. CST....THE FOLLOWING ARE MY SWING POINTS FOR 2/21...APRIL GOLD............... RESISTANCE #2..................................954.00 RESISTANCE #1..................................946.50 PIVOT...............................931.50 SUPPORT #1........................................923.50 SUPPORT #2........................................908.50.......... TODAYS NUMBERS.....HIGH...939.40 LOW...916.50.... CLOSE....937.80...... TRADE SMART / OPEN AN ACCOUNT TODAY...888-282-2770............ |
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