Tuesday Rumor Mill..............................

For the past few weeks the U.S Dollar has really been under pressure do primarily to poor economic news. That trend continued today with a poor CPI (Consumer Price Index ) report.
The normal RULE of THUMB is Gold and Crude Oil are ANTI DOLLAR and trade in the same direction opposite from the U.S. Dollar.... This has not been the RULE lately. The Gold has been trading on bullish (for Gold ) news headlines and a very weak U.S Dollar. The Crude has been trading on LACK OF BULLISH (for Crude Oil ) news and rumors that OPEC may not*** cut
Oil production and anticipation of a BEARISH reports on Thursday. The Gold was a CHOPPY trade today and struggled to close 60 cents lower on the day. ($606.80)
High ....609.30 Low......600.50....... Close.......606.80 ...............

The following are my guideline numbers for 11/01 Wednesday... For December Gold

resistance # 2........................................615.00
resistance # 1........................................611.50
pivot .............................606.00
support # 1............................................603.00
support # 2............................................597.00


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


I trade more than Gold.... I trade the world.......................
For a FREE CONSULTATION
To discuss RATES
TO OPEN AN ACCOUNT.................CALL 1-888-282-2770


TRADE SMART>>>>>>>>>>>>>>>>>>>>>>>