sp, up down or sideways?, page-9

Nutbar, I too noticed this. I suspect the reasoning for this lack of movement (and strong sell depth) could be:

- Weakening dollar move - is it real?
- If it is real, and the USD is getting stronger and the XAU/USD chart is to be believed for direction, it is possible investors are expecting the next smack down in PoG thru 1240 as soon?
- At 1400+ SLR is paying back the owings, but it needs to hold fore a duration, not just a few hours so far.

But I too like you are watching to see if these moves are real. Last quarterly I don't suspect will surprise to the upside given the average PoG for that quarter. But if 1400 Is the average for this quarter thru march, it could. That's the million dollar question... is the next smackdown coming, or will 1400+ AUD hold.