Thursday, March 06, 2008

GOLD CLOSES $11.40 LOWER TODAY..............

Another WILD trade in the Gold market today.These markets have been phenomenal !!!
The Gold traded a $23.00 extremely volatile range today.
Despite another weak showing from the U.S. Dollar today there is no question in my mind the Gold is shadowing the Crude Oil market move for move.
Rising tensions in South America and recent Middle-east tensions are creating an extremely nervous trading climate. (LOTS OF NERVOUS TRADERS)..........
REPORTS: UNEMPLOYMENT...7:30AM. CST.........3/07/08.....
HIGH...990.00.................LOW...967.00................CLOSE...977.10....................
SWING NUMBERS...............
RESISTANCE #2.........................1000.00
RESISTANCE #1...........................988.00
PIVOT..............................978.00
SUPPORT #1..................................965.00
SUPPORT #2...................................955.00
TRADE SMART..........CALL TODAY TO OPEN AN ACCOUNT...888-282-2770.....


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