Today's Gold Market Closes $3.20 Lower..........

Today's trade was very choppy and tentative. The market trades down based on a weak Crude Oil market (90 lower at Gold close) and a stronger U.S Dollar today(up 9 at the Gold close). The Gold sector took some profits in a $5.30 point range. it appears there is heavier option volume entering the market, numerous economic reports Thursday 7/26 may prevent many traders from building on their positions. HIGH....685.80 LOW...680.50 CLOSE..681.5o I am still looking at spread strategies....The following are my guide-line (SWING) numbers Tuesday 7/24...AUGUST GOLD.............. resistance #2......690.00 resistance #1......684.50 pivot.....682.50 support #1...........679.50 support #2...........674.00 TO LEARN HOW TO TRADE THESE NUMBERS..... OPEN AN ACCOUNT FULL SERVICE / SELF DIRECT / 888-282-2770......... TRADE SMART.... CHECK OUT www.commoditytrader.com I have written several Gold Articles.........................................................