Gold Closes Up $8.70 Today..............

The Gold market stopped it's skid today . The market opened higher and fed off some Geo-political news to close $8.70 higher for the day. Gold reacted to reports from ABC NEWS.
(1).Iran says" OPEC has no plans to increase oil supplies". (SUPPLY vs. DEMAND)....
(2)."Israel launches a super spy satellite with eyes on Iran "
Israel has labeled Iran as it's most serious strategic threat.............
The Gold had a $5.40 point range today...The U.S. Dollar was 3+ higher and the Crude Oil was over 100 points higher as of the Gold close...............................
HIGH...659.20 LOW....653.80 CLOSE....659.00
The following are guide-line numbers for August Gold 6/12.............
resistance # 2...................663.00
resistance # 1...................661.00
pivot.......657.50
support # 1......................656.00
support # 2.....................652.00..........

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