Traders Cautious Before Thursday Morning Numbers...

Trading in the Wednesday Gold market was cautious in anticipation to the various report numbers coming out Thursday 7:30 (cst)....Jobless claims, Export sales, and Retail sales...etc.......

But the Gold market seemed to follow the positive Crude Oil and responded to the weaker dollar

and closed a few bucks higher on the day session. I believe the gold traders traded the range oday not loading up on either side until the numbers reveal themselves tomorrow

The following are my guideline numbers for 9 /14 Thursday in December Gold.........

resistance # 2 ..............................609.00
resistance # 1 ............................. 602.50
pivot .............................................594.00
support # 1 .................................587.50
support # 2 ................................579.00

resistance = possible point to sell market
support = possible point to buy market
pivot = possible point of direction in market


I do trade more than just Gold. In fact I trade the World......

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