GOLD 0.51% $1,391.7 gold futures

Good post stocktrader77, I agree with most of your comments:- US...

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    Good post stocktrader77, I agree with most of your comments:
    - US $ to rally short term
    - Markets to Suffer

    I however don't agree that the AUD will faller faster against the USD than gold. I think we will see gold back around the AUD$1000 mark again soon, but time will tell.

    Getting smashed from here is going to unnerve a lot of new investors in gold, we have seen a lot of positive press around gold and I think this next correction will shake a lot of newer people to gold out of the tree.

    I might change my mind on the above if gold were to crack $1000 and the USDX was to break down through support at around 77.
 
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