for chartists check...

for chartists check out

http://freeserv.dukascopy.com/chart/?stock_id=333&stock_id=333&interval=10&points_number=200&view_type=bar&width=400&height=300&show_labels=true&osc_type=-1&rfi=false&height=300&p1=2&p2=3&p3=7&c=1124919&detach=true%A9r=true&refcode=e75687c9371c272c732dd380e3914769c70ea799936b67447727c76fe639460974617c7d7c346973357777

it shows gold on a weekly basis including VOLUME since the gold bull started. If it doesn't then select options, tick osc select volume, select weekly and 500 units.

Notice the quantum of trading in the LAST dip after 1000 high.

So gold is done now is it. That would mean there would be a tremendous amount of losers out there. They just don't know it yet.

No, when looking at the funamentals the chart confirms that gold is still on its upward path. Weak hands have been progressively shaken out. Bigger volume has entered the market, especially when gold RETRACED from 730 high and 1000 high.

ACCUMULATION has been happening for a long time and those who are accumulating are doing so for wealth preservation. The fundamentals (GFC etc) are still firmly in place so why would the accumulators stop accumulating???

GC