nab on gold

going to $630

0043 GMT [Dow Jones] Spot gold mostly holding early gains, last bid $859.20/oz, still up from $855 early Sydney but down $2.00 from morning's high. In technical analysis weekly, National Australia Bank declares "entire commodity boom looks like busting" with further advances for USD likely. "Markets are in for one of the most amazing turnarounds ever seen," NAB says. Gold giving major cyclical sell signals, with monthly close chart showing major break of RSI trend - a precursor to a break of the actual chart, also giving major positive signal for USD. "Gold could well be on its way back to the $630 area," bank says. (RCB)