Gold Settled $1.50 Lower ... ($1774.90)

Today's April Gold Futures session traded a very tight, and technical $18.40 range as traders are watching the situation in Iran closely. Any threat of an escalation or any warring environment would be bullish for Gold, Silver, and Crude Oil April Crude Oil traded as high as $109.77 per barrel as of this posting. It is my belief traders are looking for news that will propel the April Futures contract through the triple top resistance level between $1800.00 and $1805.00 level.

Today the march Silver Futures contract out performed Gold as it closed 18.6 higher and settling at $35.52.4 per ounce. Due to the price differential between Gold and Silver many investors may choosing Silver as a better bang for their buck....

Economic Data 2/28

Consumer Confidence......9:00 am. CST.

MY SWING NUMBERS 2/28

APRIL GOLD

RESISTANCE # 2..............$1791.00

RESISTANCE # 1..............$1783.00

PIVOT............................ $1773.00

SUPPORT # 1..................$1765.00

SUPPORT # 2..................$1755.00

VOLUME.........................118,000

MARCH SILVER

RESISTANCE # 2..............$35.98

RESISTANCE # 1..............$35.75

PIVOT............................ $35.40

RESISTANCE # 1..............$35.17

RESISTANCE # 2..............$34.82

VOLUME.........................55,000

There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.