Friday, June 27, 2008

TODAY'S GOLD MARKET CLOSES UP $16.20..

REMINDER, I'm moving my blog to Gold.TradeHugger.com, come on by!

Today's gold trade was a continuation on yesterday's rally.
The Gold has been trading off the record high's in the Crude oil market.
The weakness in the U.S Dollar is directly due to the strength in the Crude oil.
Gold is anti- Dollar ...this is as simple as it gets.
HIGH....931.80......LOW......920.50.........CLOSE......931.30....
The following are my guide-line numbers for Mondy 6/30..........August Gold......

RESISTANCE #2...........................940.00
RESISTANCE #1...........................934.50
PIVOT...................................927.50
SUPPORT #1.................................923.20
SUPPORT #2.................................916.00

TRADE SMART............888-282-2770

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