I do believe that Gold instead of rushing forward has done well by consolidating after every $10 rise.
Taking time to regroup and rest the troups prior to a solid attack on the $500 mark, makes sense.
It could mean that any corrections will be only minor because if it loses a couple of dollars, investors will jump into the fray and buy some more.
The $500 mark is verry important particularly from a psychologicasl angle and the FED knows it.
Once safely past this point and the news organs' spigots will fully open; there will be far more publicity and one can expect a lot more new retail investors wanting to join in.
