Gold Closes $11.00 Lower Today..........

After a weakened Stock Market yesterday it is my belief the many Stock traders took profits in their Gold "safe haven" positions to protect margins in their Stock positions.After all the Gold has rallied from 642.50 on June 27Th to 688.00 on July 24Th ($45.50) and eventually markets correct and take profits. i am still looking for upside (long term) and continue to explore spread opportunities.the U.S. Dollar was 55 points higher today which certainly prevented any Gold rally today.The market traded a $8.00 range today(ALL NEGATIVE).HIGH...679.00 LOW...671.00 CLOSE...673.80..........Several Key Reports tomorrow..Thursday 7/26............. EXPORT SALES.....JOBLESS CLAIMS....NEW HOME SALES...all 7:30am. CST. Please check out www.commoditytrader.com I HAVE WRITTEN SEVERAL GOLD ARTICLES... THE FOLLOWING ARE MY GUIDELINE NUMBERS FOR THURSDAY 7/26 IN AUGUST GOLD......................... resistance #2...............................682.50 resistance #1...............................678.00 pivot.......................674.50 support #1....................................670.00 support #2....................................666.50 LEARN HOW TO TRADE THESE NUMBERS.................... FREE TRADING GUIDE / OPTIONS STRATEGIES BOOKLET....mdaly@mandeucatrading.com OPEN AN ACCOUNT............888-282-277 TRADE SMART..........................