I think we will be in a gold trading range for quite some time. $550 to $620 or so.
Buying the dips OK but buying significant strength dangerous at this stage IMHO.
I do not expect another sustained move higher in the gold complex until late 2006 at the earliest -- barring a US/Iran war.
“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi