gold in limbo

The friday trading session in the Gold market was cautious to say the least. With a continued falling U.S. Dollar, al- Qaida calling for a holy war against Israel,and diminished hopes for peace talks it seemed the Gold community stood on the side lines due to a lack of fundamental news.
Experienced traders sometimes realize the best trades are the ones you don't make.
the below are technical numbers for monday 7/31/06

resist #2 ...643.00
resist #1 ...638.00

pivot..........631.50

support #1 626.50
support #2 620.00