The latest from David Nichols:"So it's likely we'll see...

The latest from David Nichols:

"So it's likely we'll see continued upside pressure into the Thanksgiving break, and gold will make a temporary top somewhere between Wednesday and Friday of next week.

But with this sort of super-persistent strength, I'm not too worried about a significant correction in gold. There may be 1 or 2 day shocks, and extended sideways periods, but during this final stage of the big growth pattern the pull-backs should continue to disappoint all those contrarians who think gold is "overbought."