Gold Closes $4.70 Higher.......

Today's trade was cautious and CHOPPY....With the FOMC meeting today and again tomorrow traders are scalping the market and limiting over night positions.
The market traded over the psychological $660.00 level but could not close above it today.
News reports seem to suggest a bit of tension between Russia/Iran ....Iran has defaulted in paying back loans to Russia. Also Russia is concerned about Iran continuing to enrich Uranium.
HIGH....662.00 LOW....655.50 CLOSE....659.00
Wednesday's Reports....FOMC MEETING 9:00 am. (CST)....API ENERGY STOCKS 9:30 am.(CST).....(could affect Crude Oil)............ U.S. Dollar was also LOWER 23 points at the Gold close........ The following are my guide - line numbers for April Gold Wednesday 3/21.....

resistance 2............................666.00
resistance 1............................662.50
pivot...................659.00
support #1.............................656.00
support #2.............................652.00

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