Today's Gold market closed lower for the first time in four sessions as the very thin Holiday markets continue to drift and teeter around the $1100.00 level. The U.S Dollar benefited off the positive home prices and consumer confidence data and sent the Gold market lower. We also need to understand there are always the last minute liquidators who wait until the last trading days of the year to close their books...The last few times we closed below $1100.00 there appeared to be some buying interest from the Asian sector. Despite thin volume the volatility of the Gold market remains the same...

The following are my swing numbers for 12/30 ...February Gold

RESISTANCE # 2..............$1110.00
RESISTANCE # 1..............$1104.00
PIVOT.............................$1101.00
SUPPORT # 1..................$1095.00
SUPPORT # 2..................$1092.00