Video: West Red Lake Gold works to restart Madsen mine
The company is optimistic about the potential of its Red Lake assets in the storied gold district of northern Ontario.
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
877-294-4669
312-563-8029
*THERE IS EXTREME RISK TRADING FUTURES, OPTIONS, and FOREX*
