Today's Gold sell-off was fueled by the stellar strength of the U.S Dollar. It appeared investors bought the U.S Dollar as the Federal Reserve hinted they may be considering a rate hike for U.S interest rates. Also affecting the U.S buying frenzy were concerns over Standard & Poor's downgrading Greece's credit ratings do to its deficit situation. This news propelled the U.S Dollar to three month highs. Since good U.S Dollar news is normally bad news for Gold...We Gold Bugs were sent running for the hills again as the mammoth sell -off sent the Comex (day session) contract to the $1007.10 level and the Globex continued to fall as low $1098.00... We certainly tested all support levels today .... Also remember the jewelers of India have expressed buying interest at the $1100.00 and lower levels... My swing numbers for 12/18...February Gold...

RESISTANCE # 2.......$1124.00
RESISTANCE # 1.......$1115.00
PIVOT......................$1111.00
SUPPORT # 1............$1102.00
SUPPORT # 2............$ 1098.00