Thursday, April 24, 2008

GOLD CLOSES $19.60 LOWER TODAY........

THE BEARS CONTINUE TO RUN WILD IN THE GOLD MARKET....(YIKES)....
THE CORRECTION CONTINUED TODAY WITH THE HELP OF STRONG ECONOMIC NUMBERS.(THUS DAY 2 OF THE STRONG DOLLAR)....IF WE HAVE LEARNED ONE THING OVER THE PAST YEAR..."GOLD IS VERY RESILIENT" AND THE ECONOMY "NOT SO GOOD"....LOTS OF NEWS TOMORROW....AND THE FOMC MEETING NEXT WEEK.....
REPORTS TOMORROW..JOBLESS CLAIMS & EXPORT SALES...7:30 AM. CST...ALSO
NEW HOME SALES 9:00 CST.AM...........
HIGH...907.50 LOW...885.30 CLOSE...889.40.......
MY SWING NUMBERS FOR FRIDAY 4/25..................
RESISTANCE #2..............925.00
RESISTANCE#1...............903.00
PIVOT..................................894.00
SUPPORT #1....................880.50
SUPPORT #2....................872.00
TRADE SMART......CALL TODAY TO OPEN AN ACCOUNT.......888-282-2770......

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