Gold Closes $6.90 Lower Today................

Once again the gold market was very CHOPPY today and searching for support....
Unfortunately for BULLS there wasn't any to be found today...
despite a weak Dollar, Poor housing numbers, and summer Gas prices on the horizon the Gold has lost it's DRIVE...,.With little change Geo -politically the Gold is seeking a trading range and waiting for news of the World to choose it's direction. After dropping $60.00 many traders are gun-shy and are waiting for safe-haven status before re-entering UN- hedged positions.
The BEARS are pressing the DOWN-SIDE (Blowing out remaining LONG positions)EVERY CHANCE THEY GET.....(it's their turn).... BIG range today (9.20)...(920.00 per 1 contract top -bottom).....HIGH....646.90 LOW....637.70 CLOSE.....642.50

The following are my guide-line numbers for 3/15 THURSDAY....APRIL GOLD......
RESISTANCE..............652.00
RESISTANCE..............647.00
PIVOT.......642.50
SUPPORT....................638.00
SUPPORT....................631.00

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