Gold Gains $2.90 On The Day................

Monday's Gold Trade began lower and was a market seeking direction.
I believe many traders are sitting on the side-lines awaiting this weeks key reports.
TRADE BALANCE......Tuesday 12/12....7:30 (cst)
FOMC MEETING ......Tuesday 12/12....9:00 (cst)
OPEC MEETING ......Thursday 12/14.. (Meeting in Nigeria....2 am (cst) approx.....
With the U.S Dollar trading 20 Lower (at Gold close) the Gold managed a late session rally and closed $2.90 Higher for the day. The market produced a $7.90 range today.
HIGH.........635.20
LOW..........627.30
CLOSE......634.70............................

My Guideline numbers for Tuesday 12/12

resistance # 2..........639.50
resistance # 1..........634.00
pivot .............632.50
support # 1............. 629.50
support # 2..............625.50

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

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