Friday's Gold Market Closes up $3.70.......

Due to a weak U.S Dollar (DOWN 30+ pts. at the Golds close) and mid-day Crude oil rally the Gold community took Gold over the 690.00 level today.We traded a large (9.60) range today testing both the down-side (early) and the up-side most of the session .(mid morning on).......Geo-political news played a part as well. Iran did not comply with the U.N.'s time frame
(STOP ENRICHMENT OF URANIUM)so the next step...ECONOMIC SANCTIONS......(THIS CAUSED THE CRUDE TO BE STRONG)...Iran produces and exports lots of OIL.......
Lots of options trading today......I'm long BULL/Call spreads.............
HIGH.....691.90 LOW....682.30 CLOSE....686.70......
The following are my guideline numbers for..Monday..2/26..APRIL GOLD.............

resistance # 2..................................706.00
resistance # 1..................................692.00
pivot....................687.00
support......# 1.................................682.00
support # 2.................................678.00

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

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