GOLD CLOSED UP $11.60 TODAY........

As expected another very volatile trade in the Gold market today. I have been saying since Gold was trading under $600.00 (check past blogs) the HOUSING SECTOR is the backbone of this economy and it is in BAD shape!!! THERE CERTAINLY SHOULD HAVE BEEN MORE DRASTIC CUTS FROM THE FOMC LAST MONTH.Everyone is talking recession...The U.S Dollar is taking a world class beating, and this will continue to drive GOLD higher....(unless traders liquidate to cover margins elsewhere)....ALL TIME HIGHS...$26.80 POINT TRADING RANGE...... HIGH...897.00 LOW...870.20 CLOSE...893.60................... THE FOLLOWING ARE SWING NUMBERS FOR FRIDAY 1/11 FEBRUARY GOLD........ RESISTANCE #2.........905.00 RESISTANCE #1.........900.00 PIVOT..........887.00 SUPPORT #1..................877.00 SUPPORT #2..................875.00 TRADE SMART......OPEN AN ACCOUNT TODAY......88-282-2770