Wednesday, March 05, 2008

GOLD CLOSES UP $22.70 TODAY.........

Another WILD day in the Gold market. Thanks to a BIGGER than expected DRAW in the Crude Oil....which sent prices SOARING (400+ points HIGHER at the Gold close) .
This sent the U.S. Dollar Lower and drove the Gold market to close $22.70 Higher on the day.
Other News tro watch...ABC NEWS REPORTED" Venezela & Equador took their growing conflict with Columbia to the Diplomatic front,seekingInternational condemnation on Wednesday of Columbia's deadly assault on a rebel base in Equador."....Venezuela= (BIG OIL PRODUCER)
REPORTS...3/6.....EXPORT SALES & JOBLESS CLAIMS...7:30 AM. CST.
HIGH...995.00..............LOW..966....................CLOSE...988.50.............................
RESISTANCE#2...................1012.00
RESISTANCE #1...................1000.00
PIVOT........................983.50
SUPPORT #1...........................972.00
SUPPORT #2........................... 955.00.................
TRADE SMART..........OPEN AN ACCOUNT.....888-282-2770.............................

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