Gold Closes $13.00 Lower Today......

Today's Gold market experienced a technical pull back once the market was unable to hold the pivotal $674.00 level. The U.s Dollar was very STRONG today (up 40+ at the Gold close) and the LOWER Crude Oil (80+ Lower at Gold close) certainly put the BEAR MARKET in motion.
Reports Due Tomorrow...EXPORT SALES & JOBLESS CLAIMS..7:30 am. (CST.) could create a very volatile trade. Despite reports of demand for Gold world-wide the Gold continues to trade opposite the U.S. Dollar. A $ 10.80 point range today.....(CHOPPY & VOLATILE).............
HIGH.....671.50 LOW....660.70 CLOSE....661.50.........
resistance # 2....................675.00
resistance # 1....................668.50
pivot...............664.50
support # 1.......................657.50
support # 2.......................654.00

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