gold tumbling, page-5

Gold is getting close to its medium term high so some profit taking is to be expected in the physical market.As shares lead gold up then they will lead it into a plateau or down.At close to $400 gold will be strongly tested by the $US.At that level those countries that sold their gold will have little interest in seeing gold go higher.They will probably see it as an opportunity to buy dollars.The currency markets are elephants compared to the gold market.