the battle for us$750 .., page-2

I'm not so sure anymore SP. I don't know if anyone has noticed but there has been a definate floor in gold being built this last month at around $720-$730. Its dipped below it once in that month only to come straight back up the next day.

There just seems to be a kind of support that I haven't noticed for a while. Seems its harder to push it down to far thatn it has been for a long time and that the path of least resistance is now to the upside. Just my feelings of course, but if a close above $756-760 occurs I think some momentum players will jump on board and we could find ourselves around $800 odd in a blink of the eye in new buying and short covering.

We shall see eh... I wonder if its the rice and curry boys or the little sweet & sour porkers putting that floor in...?