Gold Closes $5.30 Higher Today...................

Gold rebounded Friday after the $15.50 SELL-OFF yesterday. The economic reports this morning were not very favorable to the U.S. Dollar making it Bullish for Gold.
Reports of increasing the production of Gold seemed to have been factored into the market.
This news should have had a negative affect on Gold but I believe the Gold community realizes the World is buying more and the increased supply is required by demand. China and India are very large physical Gold merchants.(Something 20 years ago was a non issue ). the WORLD truly is involved in the Gold market. The Gold market continues to show it's ability to bounce back !.... Only a $5.20 range today.......HIGH..674.10 LOW..668.90 CLOSE..672.30.......
My guide-line numbers for Monday 5/14...June Gold...........................
resistance # 2...................677.00
resistance # 1...................674.00
pivot........671.50
support # 1......................669.00
support # 2......................666.00

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