738, page-9

Quick question guys,
Firstly, let me state, I beleive there are two markets for gold, the PAPER and the Physical.

the physical is generally at a premium to the paper, it is harder to get but I am trying, lol... but people trade the paper not the physical.

I have posted on another gold thread that there were signs of weaknes in the PAPER gold measured in $US (SabreToothed started the thread, and yeah I know he's an arrogant cat but bloody good at TA)

After being rubbished by Champ2003, I posted a chart which backed up my call of technical weakness.

Golds action last night was quite interesting... if you look at the chart on 5 minutes, the pattern, from when I pointed out the weakness.. to this morning is very similar to the pattern of daily price movements on the XJO since July 2007... and people were calling weakness there too, before we had the final rally to october and then the massive drop. But I digress.

Could someone please explain why technical information on PAPER gold is being ignored, and fundamental information only based on the physical market is being used to support the goldbug view.
I don't understand the refusal to look at t/a and it is pretty frustrating (though obviously not really any of my business) when I read constant surprise at gold's movements, even when technical analysts are giving info that would reduce that surprise.

no biggy, but would be nice if someone could explain. Is it because the info from Technical analysis is only for the short term (ie 5 minute charts giving prognosis for a day's action)?

Cheers

;)