VERY CHOPPY FRIDAY...................

Today's Gold trade was a very choppy market with yet another large range.
It appeared traders were seeking a direction as the market absorbed economic reports.
Early in the session Gold held support levels and rallied $5.00 before reversing and closing $1.20 from it's low's. The market produced a $12.70 range and another sell stop-loss frenzy.
Another rare bullish U.S Dollar market certainly kept the pressure on the Gold.
HIGH............$642.80
LOW.............$ 630.10
CLOSE.........$ 631.30................................

My guideline numbers for Monday 12/11 for February Gold....

resistance # 2......................647.00
resistance # 1......................639.00
pivot...................634.50
support # 1..........................626.50
support # 2..........................621.50

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

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