Trade Balance Supports Dollar.........

Tuesday's Gold market was very choppy and saw many traders standing on the side-lines.
The Trade Balance was Bullish for the U.S. Dollar and therefore slightly Bearish for the Gold.
Many Gold traders believe that there is more positive Gold news than negative in the market.
Today around 1:30 the FOMC will announce any rate change.(This contributed to a thin trading day). We will soon be in a very thin/choppy Holiday market mode...so be very careful.
Small range for Gold lately..HIGH----635.50
LOW-----630.90
CLOSE---631.80. $3.00 Lower on the day....

OPEC MEETS THURSDAY...2 AM.....................................................

My guideline numbers for 12/13 Wednesday for February Gold........

resistance # 2..............637.50
resistance # 1..............635.00
pivot.......633.00
support # 1.................630.50
support # 2................626.00

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

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