GOLD CLOSES $3.40 LOWER TODAY......

With the help of rising unemployment and a weakening economy the U.S Dollar had another negative day.However the Crude oil reacted to poor gas storage news which prompted a sell off in the energies. The sell-off in the energies caused Gold traders to take profits (Gold has rallied $70.00 + Dollars in less than a month) early in the session.Another large range today ($14.00 point range) HIGH...871.50 LOW...857.50 CLOSE...865.70.......... HOUSING SECTOR NEWS AND EXPECTATIONS OF FURTHER RATE CUTS WILL KEEP ALL THESE MARKETS EXTREMELY VOLATILE...... The following are my SWING NUMBERS for February Gold for 1/7...Monday.... RESISTANCE #2....................879.00 RESISTANCE #1....................872.50 PIVOT.................865.00 SUPPORT #1.........................858.50 SUPPORT #2.........................851.00 TRADE SMART.........OPEN AN ACCOUNT TODAY.....888-282-2770