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Hectorp - Mon, 30 Dec 02 :

Some very erudite and interesting posts in the last two days. My interst is shortish term, one month at the moment and I need gold to stay between 325 -373 levels. It's falling away this afternoon by around 5c.
I can't find a suitable currency 'tread' but in line with gold falling could be the dollar rallying in the coming week and I acknowlege Energyi's wise post above re the gold proice and currencies.
To 'tip' would be foolish, but I've opened a short on the pound/dollar at 1.6045 $/pound as there is a powerful resistance above '6060' for the pound. The Euro looks bullish but the pound looks less so. If the Dollar is to rally in the coming week even for the short term the pound is vulerable 100-300 points.
H.


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