Gold Settles $1.00 Higher Today… ($1207.70)

Today's Gold traded in a very subdued range as traders got a jump on the three day Holiday weekend. The August Globex market traded a $15.20 range and managed to close $1.00 higher on the session. After yesterday's mammoth sell-off traders appeared to be willing to re-enter the Gold market around the $1200.00 level and may consider it "Bargain hunting Buying"…

The Unemployment data reflected a drop in jobs As payrolls declined by 125,000 last month leaving Many investors to wonder if we are indeed on the road to recovery…..

Have a great 4th of July !

Swing Numbers …Tuesday 7/6 August Gold

RESISTANCE # 2………………..$1222.00

RESISTANCE # 1………………..$1215.00

PIVOT……………………………….$1207.00

SUPPORT # 1…………………….$1200.00

SUPPORT # 2…………………….$1192.00

Mike Daly / Gold Specialist

PFG BEST

[email protected]

877-294-4669

312-563-8029

*THERE IS EXTREME RISK TRADING FUTURES, OPTIONS, and FOREX*