Today's Gold notched yet another all-time high as the U.S Dollar weakened against the basket of rival currencies. The (Comex) day session covered a $7.00 range with a high of $1108.40 as the Globex traded up to the $1111.70 level. The Gold market has gained well over 20% so far this year. G20 meetings certainly didn't prevent the U.S Dollar from sliding and in turn provided the Bulls a reason to stay long. There are reports that Russia's Central Bank may be looking to purchase Gold from the Russian state depository...

COMEX GOLD

HIGH.............$1108.40
LOW...............$1101.40
CLOSE..........$1101.40
The following are my swing numbers for Tuesday 11/10/09

RESISTANCE # 2.......................$1111.00

RESISTANCE # 1.......................$1107.00

PIVOT......................................$1104.00

SUPPORT #1............................$1100.00

SUPPORT #2............................$1097.00

Mike Daly / Gold Specialist

PFG BEST