Gold Closes $1.80 Lower On The Day.............

Today's Gold trade resulted in a loss of $1.80 on the day. Even with a rare strong U.S Dollar (up 30 pts. at the Gold close) the Gold community seemed to keep it's eye on the constant tension/uncertainty in the Middle-east today and certainly one of the main reasons Gold didn't sell-off versus the Dollar rally. With President Bush actually in the Middle-east today conducting meetings with Leaders from the Region you should expect Traders to sit on the side-lines until news is released. The gold market traded in a $6.30 (pt. ) range today..........
HIGH................640.30
LOW..................634.50
CLOSE...............635.50

The following are my guideline numbers for 11/30 Thursday, for December Gold......

resistance # 2 = 642.50
resistance # 1 = 638.50
pivot.................= 636.50
support # 1 = 633.00
support # 2 = 630.50

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

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