Gold Up Another $5.10 Today......

It appears in the wake of the FOMC meetings the Gold trading community is investing in the Bull Gold market. Despite huge swings in the Crude oil again today the Gold still gained $5.10 in the day session. In my opinion the professional traders sense a technical break-out and a possible run to $700.00.( many BEARS are talking over-bought).
Nothing has changed with the geo-political scheme in the Middle-east. In fact it may be getting worse with Iran. I know for a fact Iran has the total attention of the Professional Gold traders.
Markets move on every news worthy report out of the Middle-east. Tomorrow (Friday) 7:30am (cst.) Unemployment Report...Another nice range today($6.40)........
HIGH....667.10 LOW....660.70 CLOSE..663.00.....

The following are my guideline numbers for Friday 2/1....April Gold....

resistance # 2..................670.00
resistance # 1..................666.50
pivot....663.50
support # 1..................660.00
support # 2..................657.00

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

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