yes AdW ... it's not a game for the faint hearted at the moment....

yes AdW ... it's not a game for the faint hearted at the moment. I was sitting at home watching gold drop $10 or so to 832 last night thinking 'here we go again' and then it ends the session at 843 or so. I'm trading XAU/USD on Forex on margin (with liberal stops) but it is VERY choppy (remember when it dropped $30 in 1 minute last week ... I bet that took out a lot of longs on tight stops). Of one thing I have no doubt, the direction is UP but there will be some choppy sessions and minor corrections on the way. I feel that we've seen the end of the 800's though (unless another bank goes under and all of their gold is sold off a la Bear Stearns). We'll see.