Monday, June 30, 2008

GOLD SETTLES $3.00 LOWER TODAY.....

Today's Gold trading session was very choppy and very technical.
I believe this scenario will continue until the Crude Oil market volatility is more manageable.
Both the metal markets and the energy markets have had huge volatile ranges.
The Gold traded within 50 cents of my resistance numbers today.(before tanking)......
HIGH...934.00 LOW...920.50 CLOSE...928.30.......
IF YOU LIKE VOLATILIY....THIS IS THE MARKET FOR YOU............
THE FOLLOWING ARE MY GUIDE-LINE NUMBERS FOR TUESDAY 7/1.........
RESISTANCE #2...942.00
RESISTANCE #1...935.50
PIVOT......................928.00
SUPPORT #1.........922.00
SUPPORT #2.........914.00
AUGUST GOLD....................................

TRADE SMART / OPEN AN ACCOUNT WITH ME...888-282-2770
MDALY@MANDUCATRADING.COM
LETS TALK GOLD !!!!!!!!!!!!!!!!!!!!

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