Friday's Gold Session Closes Over $600.00

Friday Gold trade was choppy and reacted directly to the weakness of the U.S Dollar.(36 pts. Lower at the Gold close). Reports of a very weak GDP, Housing Market slump(that are taking a toll), Terrorist threats against Saudi Oil, and the heavy supply of physical Gold being purchased World-wide. The market closed above the technical and psychological $600.00 Level.
The market needed to rally $3.00 = in the last 25 minutes to close at $601.00.....
Expect more choppy trading before the election...

The following are my guideline numbers for 10/30 for December Gold.........................

resistance # 2.............................608.00
resistance # 1.............................604.50
pivot...........................599.50
support # 1.................................596.00
support # 2.................................591.00

resistance = possible point to sell
support = possible point to buy
pivot = possible point to determine direction

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