Friday, May 02, 2008

GOLD TRADES $7.10 HIGHER TODAY.......

TODAY SAW THE CRUDE OIL, GOLD, AND THE U.S. DOLLAR ALL TRADING ON THE POSITIVE SIDE. WE ARE CERTAINLY TRADING IN A NEW ERA. IF TRADERS CAN NOT ADAPT QUICKLY IN THESE MARKETS THEIR FUTURES WILL BE BLEEK.
MOST TRADERS USE CERTAIN INDICATORS TO TRADE...LATELY NOTHING MAKES ANY SENSE. MAKE SURE YOU USE TIGHT STOPS AND TAKE MONEY IT'S THERE.
HIGH...860.50 LOW...846.50 CLOSE...858.00...............
SWING NUMBERS FOR MONDAY 5/5..............
RESISTANCE #2.......................868.00
RESISTANCE #1.......................862.50
PIVOT......................854.50
SUPPORT #1.............................848,50
SUPPORT #2.............................840.00
TRADE SMART.....OPEN ACCOUNT WITH ME...888-282-2770

Thursday, May 01, 2008

GOLD TRADES $14.50 LOWER TODAY...........

THE AVALANCHE SELL-OFFF CONTINUED TODAY.
GOLD WAS ACTUALL $14.00 DOLLARS HIGHER OVERNIGHT.
WITH THE CONTINUED STRENGTH OF THE DOLLAR AND THE FALLING CRUDE OIL PRICES THE GOLD MARKEY HAS RE-TRACED $180 DOLLARS IN LESS THAN A MONTH.(YIKES)... THESE MARKETS ARE NOT FOR THE FAINT OF HEART. THERE APPEARS TO BE LOTTLE RHYME AND REASON. WHAT IS DIFFERENT IN THE ECONOMY,CREDIT MARKET, AND MORTGAGE SECTORS FROM 1 MONTH AGO?
HIGH...865.50...LOW...848.50 ...CLOSE...850.60..................
REPORTS: UNEMPLOYMENT...7:30 AM CST...
SWING NUMBERS FOR 5/2...........................................
RESISTANCE #2.............872.00
RESISTANCE #1.............861.50
PIVOT.......................855.00
SUPPORT #1...................844.50
SUPPORT #2...................833.00.............
TRADE SMART...OPEN AN ACCOUNT TODAY....888-282-2770