Barry Stuppler

Unbelievable, a $7 high/low trading range for Gold today, trading from $1,275 to $1,282 per ounce . . . .

In overnight Asian trading there was strong Gold demand, driving the price up to $1,289 per ounce for a short period of time . . . .

Finally, a weaker U.S. Dollar has helped the Gold price move back above the $1,280 per ounce level today . . . .

Last week, Gold continued to trade in a narrow trading range between $1,271 to $1,281 per ounce. Many of the key financial indicators traded within a very tight range as the Gold price showed excellent consolidation . . . .

Gold has traded within a $5 high/low range today, from $1,275 to $1,280 per ounce . . . .

A semi-holiday Friday has led to a lower Gold price, reaching $1,274 before finding support . . . .

Today, Gold is trading in a narrow $8 range, from $1,280 to $1,288 per ounce . . . .

The U.S. Dollar Index sells off after meeting resistance at the 95.00 level and precious metals move higher . . . .

A strong U.S. currency continues to put pressure on precious metal prices . . . .

Last week, Gold traded in a narrow range between $1,268 and $1,277 per ounce, down $3 for the week. Although Gold is still up $118 since the beginning of the year, it sold off $82 in the past two months . . . .