TODAY'S GOLD TRADE CLOSED UP .60 CENTS......

Today's Gold session traded in a $10.10 point range that was very technical. The trading community listened and reacted to FOMC Chairman Ben Berhnanke discuss the economy of the United States. There certainly were mixed signals. (suggestions of further rate cuts and worries about inflation to name a few). In my opinion future rate cuts continue to be a Band-Aid. The housing sector is without a doubt the back bone of the American economy. HIGH...915.80 ......LOW...905.70.....CLOSE....910.80............... The U.S. Dollar was 29pts. lower and the Crude Oil was 115 higher at the Gold session close. guide-line numbers for FRIDAY 2/15.....APRIL GOLD.................. RESISTANCE #2...................921.00 RESISTANCE #1...................916.00 PIVOT.........................911.00 SUPPORT #1.........................906.00 SUPPORT #2.........................901.00 TRADE SMART...TRADE GOLD.....CALL ME....888-282-2770