Solid Financial Reports Slow Gold..............

The PPI and Retail Sales reports were better than expected for the U.S. economy.
in fact some economy experts are predicting the FOMC will either keep interest rates the same or maybe even cut them. I don't know about that, but I do know that Gold should have closed a lot lower based on those reports and it only closed slightly lower.(625.30)

There is still a huge supply of physical Gold being purchased around the world.
Once again a nice range in the December Gold....HIGH----630.50
LOW---- 619.50
CLOSE---625.30

MY FIRST SUPPORT WAS .....620.00 ***

My guideline numbers for Wednesday 11/15 in December Gold ...................

resistance # 2.................................636.00
resistance # 1.................................630.50
pivot ...............................625.00
support # 1....................................620,00
support # 2....................................614.00

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

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