Today's Gold Market Closed 30 Cents Lower ........

Today's Gold trade was very CHOPPY and despite economic numbers suggesting higher prices the Gold community seemed to be nervous and searching for direction. The market traded in a $ 7.50 range today but couldn't hold early gains. I believe many BULLS are fearing another top heavy market(LIKE 2 MONTHS AGO...70.00 DOLLAR LAND SLIDE) and are not adding to long position and instead are taking early profits. Geo-political news from the Middle-east (U.S .and other World Powers may allow Iran to keep some of it's uranium instead of total dismantling...reports ABC NEWS International) may be taking SAFE-HAVEN Money out of Gold and back into the Stock Market.
HIGH...........690.00 LOW.............682.20 CLOSE............687.60.........
REPORTS.......EXPORT SALES & JOBLESS CLAIMS............7:30 am. (CST)
Tomorrows guide-line numbers...JUNE GOLD...4/26.........THURSDAY...............
resistance # 2...........................695.00
resistance # 1...........................691.00
pivot.....................686.50
support # 1...............................683.00
support # 2...............................678.00

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