The Gold Market Lost $5.00 Today.......

Today's Gold session was very choppy and seeking direction.
it responded to a very Strong U.S Dollar 34 pts. HIGHER (at one point ) and another
huge down day (over done) in the Crude oil (200 pts. = at the Gold close)......
Reports that Saudi Arabia will not cut oil production in the near future (Crude may have reached it's stable level) and also reports that the COLD weather in the Northern portion of the United States may be only a week longer...( warmer weather = less Heating oil / and more money for consumer).......The Gold market retained a bit of strength with more geo-political news....Russia's President Putin is distancing his relationship with United States policies.
Russia and Qatar looking to develope a Natural gas Cartel.....Europe/U.S are opposed !!!!

Just a $7.00 range (all down)...HIGH...671.30 LOW 664.30... CLOSE..666.80.....
TRADE BALANCE ..... TUESDAY....7:30 am (cst)...........

The following are my guideline numbers for 2/13 Tuesday..APRIL GOLD..............

RESISTANCE # 2................................674.50
RESISTANCE # 1................................670.50
PIVOT......................667.50
SUPPORT # 1......................................663.50
SUPPORT # 2......................................660.50.....................................

MY SUPPORT LEVEL TODAY WAS VERY GOOD ****************

RESISTANCE = POINT TO SELL
SUPPORT = POINT TO BUY
PIVOT = POINT TO DETERMINE DIRECTION..................

TO OPEN AN ACCOUNT / RATES / FREE CONSULTATION /

CALL 888-282-2770................EMAIL..MDALY@MANDUCATRADING.COM

TRADE SMART