Awfully indecisive start to the week. Funds rebalance and the fallout could be very interesting. Charts continue to alarm but the bullish "push" (some say residual euphoria) is still manifest (at least in the LBMA forecasts). Note that the most accurate 2011 forecaster (CPM's Rohit Savant) envisions a gold top no higher than $1800 and a possible $1200 low this year. Risk/reward - you do the math. Meanwhile, more Angela-Nicholas hand-holding and tete-a-tete rendez-vous. Everyone waiting for the 'big fix' while Greece preps for a 'disorderly default.' One trader predicts $1.20 euro. Translation for gold: let's not go there....
