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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (4060)	12/10/2006 10:59:12 PM
From: (o:>*	Read Replies (2) of 50722

if lack of demand then the questions I would ask : How far does the $ price of gold need to fall to find demand? Is it down around $600 or is it $550? Since May, gold has been trading in a trading range between $560 and $650. How do we know this trading range is not part of the reaccumulation process ? Or are you saying the uptrend in gold exhibited ending action during the climactic selling back in May and moved gold into this low demand trading range which is distribution prior to supply and markdown? What is the lack of demand in gold telling us?

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