aud gold above $580....$600+ soon, page-4

I called it a sell and the money is in the bank. All indicators on the weekly are over bought, with divergence.

We are close to a bottom in the USD.

Gold will be belted soon.

The only chance for NCM to go up from here is for a takeover to appear. Hence my short term trade on the puts.

Anyone who wants to play gold should get hold of a decent report to work with - I use Tom Mclellan's - suggest you subscribe and start to trade from an information base.

Gold has topped short term, and if Mclellan is right and he usually is, 2005 will hammer gold bugs.

Phil