Gold Closes Up $4.60 Today.........................

Today's trading session was very CHOPPY and seemed to seek news for direction.
Early in the session the Gold was following a very weak Crude Oil market..(100 pts. LOWER at the Gold close) and ignored the weak U. S. Dollar.. From Mid-session on the gold seemed to react to reports from the FED.."U.S. fiscal Deficit" ....(TRADERS MAY BE THINKING IMPENDING RECESSION).....and took the Gold market $4.60 HIGHER on the day.
Last time we were trading up at these levels you Gold traders will recall we BROKE $70.00..
HIGH......695.00 LOW..... 687.70 CLOSE.....694.50 (my pivot today =687.50)........
Tuesday's reports...CPI...7:30 am. (CST)......HOUSING STARTS...7:30 am. (CST)...........
Any more bad news for the Dollar and Gold will BLOW THROUGH $700.00.........................
The following are my guide-line numbers for 4/17 TUESDAY........JUNE GOLD...............

resistance # 2........................................700.00
resistance # 1........................................697.00
PIVOT..................692.50
support # 1............................................ 690.00
support # 2..............................................685.50

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