Gold Closes @ 624.30...................

Today's gold market was indeed choppy and seeking direction.
Trading in a very wide range(11.70...) it started as a technical trade and ended with some profit
taking in anticipation to the reports coming out tomorrow. (GDP.....Export Sales...(7:30am cst.).
The Santa Claus rally in the Stock Market has helped the U.S Dollar and held the Gold back.
With just days til Christmas and estimates that 12% of us have not started our Christmas shopping it appears retailers are going to do very well this Quarter.
However after the Holiday's we have the OPEC production cut to look foward to.
in my opinion the U.s Dollar is going to experience some BIG swings in the upcoming weeks......
Today's HIGH.....633.80 LOW....622.10 CLOSE....624.30

The following are my guideline numbers for 12/21..Thursday.. February Gold............

resistance # 2............637.00
resistance # 1............631.00
pivot........626.50
support # 1............619.00
support # 2............615.00

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


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TRADE SMART...............