GOLD CLOSES UP $12.90 TODAY...............

The separation between Gold and the Crude Oil market continued today. The U.S. Dollar was 22 points lower and remarkably the Crude Oil continued it's slide down 140 + points at the Gold close. Despite a lower Crude Oil session the Gold proved it's resilience and continues to reflect the weakness in the housing sector. A majority of gold traders I have regular conversation with feel another FOMC rate cut is expected (1/4 -1/2) during the 12/11 FED MEETING.Huge trading range today ($10.40 points)...HIGH...811.20 LOW...800.80 CLOSE...807.60..........THE FOLLOWING ARE MY SWING NUMBERS FOR 12/05 FOR FEBRUARY GOLD.......... RESISTANCE # 2.........................817.00 RESISTANCE #1..........................812.00 PIVOT..........................806.50 SUPPORT #1................................801.50 SUPPORT #2................................796.00............................... CHECK OUT www.commoditytrader.com written new Gold Article........... TRADE SMART...........OPEN AN ACCOUNT TODAY....888-282-2770..........