Today's Gold trading session rallied from a significant sell-off during the Globex over night session as profit taking continued. The Gold traded as low as $983.20 on Globex .Today's day session High was $999.60 so in reality we gained $16.40 from last night's session. The number of Americans filing first-time claims for jobless benefits dropped last week (550,000) lowest level since July. The U.S Dollar continues to show weakness versus the Euro. The over night sell-off was a great opportunity to re-enter below the $1000.00 level. I bought the December 1040 /1060 Bull Call spread today. This Gold and Silver demand is supporting the resiliency of the precious metals. Investors are seeking safe havens especially as the Government continues to print money.

REPORTS: 9/11/09

EXPORT SALES: 7:30 am (CST)

THE FOLLOWING ARE MY SWING NUMBERS FOR FRIDAY 9/11/09

(DECEMBER GOLD)

2 ND RESISTANCE............$1004.00

1 ST RESISTANCE............$1000.00

PIVOT............................$996.00

1 ST SUPPORT.................$992.50

2 ND SUPPORT.................$988.00