"With treasury auctions at hand for 2 days this week, this could be all she wrote with gold [$42 up since Friday], but a day will come where gold winks at the auction and takes off anyway."

The treasury auctions were yesterday and today. We passed the one yesterday remarkably well and seem to be on track to do the same today. Leaves us We-Fri to (freely) move up much more.

I expect the dollar to start weakening soon. Greece is out of the news and the US budget deficit is back in the news. USD index has tayed below 79.5 and is gradually declining again.