Name: Jim Wyckoff 
Gold Bulls Starting the Week Strong
GOLD
Gold is trading higher in early dealings today. Bulls still have the solid near-term technical advantage. For December gold, shorter-term technical support is seen at the overnight low of $736.50 and then at $734.00. Sell stops likely reside just below those levels. Buy stops likely reside just above resistance at the overnight high of $743.90 and then just above resistance at last week's high of $747.10. Today's key near-term Fibonacci support/resistance level: $733.50. Wyckoff's Intra-Day Market Rating: 8.0
CRUDE OIL
Crude oil prices are weaker in early electronic dealings. In November crude, look for buy stops to reside just above resistance at the overnight high of $81.60 and then just above resistance at $82.00. Look for sell stops just below technical support at the overnight low of $80.66, and then more sell stops just below support at $80.00. Today's key near-term Fibonacci support/resistance level: $80.45. Wyckoff's Intra-Day Market Rating: 7.0
GRAINS
Prices were higher in overnight trading, with wheat leading gains. Estimates of the Australian wheat crop continue to drop, and worldwide demand continues strong as end-users are stockpiling on fears of supply shortages. Corn bulls have solid fresh upside technical momentum, amid a fresh focus by traders on demand prospects going forward. Beans are still fully technically bullish with no clues of a market top being close at hand.
