David Fuller's view

I increased my gold (weekly & daily) position this evening, buying more of the December contract at $1330.9, including spread-bet dealing costs.  Gold is the less volatile laggard among the futures traded precious metals, so this position is smaller than my silver and particularly platinum longs.  I am hoping that it has completed its reaction and will now push back up to new recovery highs.  A decisive break above $1400 should excite the crowd.