Gold Closes Up $2.80 Higher Today.....

Today's Gold market closed higher due to a very weak U.S. Dollar today.(30+ Lower at Gold close). The weaker Dollar was a the result of a poor CPI report. AP reports " Consumer prices shot up at the fastest pace in 20 months in may fueled by a surge in gas prices". Some key numbers early next week (Tue..6/17..housing starts) could be very interesting. The market had a $5.50 today...HIGH...659.50 LOW...654.00 CLOSE...658.70......
Two Up days in a row...the BULLS are happy today. The Geo-political climate is heating up with reports of Hamas defeating Fatah opposition and controlling Palestine.
The following are my guide-line numbers for 6/18...August Gold..............
resistance # 2...................663.00
resistance # 1...................661.00
pivot..............657.50
support # 1.......................655.50
support # 2......................652.00

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