whats coming up, page-18

Hotazel,

Not looking too perky for Australian gold stocks Monday.

Gold is all about support levels, when those support levels get smashed, sentiment changes very quickly, even if we get a good bounce from an over sold position ( and we should) I would not look at Gold being able to sustain it, fundamentals have ceased to have a lot of effect to the upside for Gold.

I hope I am wrong, I have been before and no doubt will be again, I sold all my Gold stocks when I saw the market was having difficulty sustaining $1600 as I saw that as a critical confidence level, still, I don't like seeing Gold stocks hammered when I suspect it is due to manipulation.

Good luck, perhaps Cyprus will bail on the Euro or a major bank will go bust, that would be pro Gold.

DYOR, I make wild guesses.