the alternative view on gold, page-8

Well, at least there are some opposing views on here. The article mentions a double top. How about a quadruple top?! This is the 4th time gold is having a crack at new highs and history shows that rarely is there a 5th crack. In other words, if gold is going to break into new highs soon then this is it.

Me, I'm not so sure. I tend to agree with both sides at the moment. Personally, I closed out shorts at $975 and went long only to cash in most positions last night. I was expecting a bigger surge. That still may happen but I'm getting a bit nervy about it. I still favour a big move higher when no one is expecting it. At the moment it seems every tom, dick and harry in the markets is expecting it. Time will tell.......