Gold drops below the 75% retrace point and
bounces up $5 and stalls. It could retest the low.
If this is a concerted attack on gold by the bullion
banks, gold could get knocked down good deal, as
in past years, although there seems to be enough
demand for it as a safe haven that it should be difficult
to push it down too far. See Dan Norcini's support levels
on his afternoon comments. Gold is rising a bit more
as I type.
