Gold Over $600.00................

The Tuesday trading session in December Gold started higher and after a support searching dip proceeded to close over $600.00 and settling 6o3.50. The market feels strong because it's recapturing lost ground in a grinding fashion. It's not exploding to the upside like many experts thought it would just 2 weeks ago. I believe the gold community realizes that the dollar is not as strong as the FOMC claims and the thought of Crude Oil going back to $40 per barrel is probally wishful thinking. Lots of physical Gold is being purchased world wide and my belief is even more will be purchased in the fourth quarter. My pivot number for today's session was 60 cents off the low. The low of the day was 595.40.......my pivot 596.00......

The following are my guideline numbers for Thursday 9/28 in december Gold......
Keep an eye on the Jobless Claims /Export Sales (7:30 AM ....CST )

resistance # 2...................................610.00
resistance # 1...................................606.50
pivot .................................................601.00
support # 1 ......................................597.00
support # 2.......................................591.50



resistance = point to sell market
support = point to buy market
pivot = point to determine direction-
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