there are a lot of technicals that one could refer to re/gold but, to make a long story short, nothing goes straight up. Friday gold pulled back about $46 and today $15 as we speak but the end of the day will set the tone for the rest of the week. as long as the dollar continues its decline we will probably see gold move in the opposite direction. even if the buck bottoms, gold is still in a long term secular bull market. my play is in silver. if we had a normal gold/silver ratio of about 30/1, silver would be trading in the 30's and if gold were trading at an inflation adjusted level compared to the $800 level like it was in the 80s we would be at around $2300oz. I'm not a trader so I don't care about the short term picture. If you are, a pullback is a good time to layer on more buys.