Gold Closes Up $7.70 Today .........................

Gold actually opened lower and traded down to 647.50 (my 1st support = 648.50 ) before unleashing the BULL. The U.S. Dollar opened Higher and traded 20 + points Higher before trading 20 + points Lower at the Gold close. The Gold ignored the huge early Crude oil sell-off
which suggests new and renewed investment support. We are trading in a technical area and traders have a tendency to fill in technical gaps. (chart formation gaps).
We came very close to achieving that today. Crude oil traders took profits today and experienced another HUGE range. (200 points @ Gold close). Gold rallied off the technical
support levels and never looked back. The Gold market traded in a $13.20 range today.
HIGH...660.70 LOW...647.50 CLOSE...657.90 ...

The following are my guideline numbers for February 1 for April Gold........

resistance # 2.............................668.00
resistance # 1.............................663.50
pivot..........................655.50
support # 1...............................650.50
support # 2...............................642.50

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

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