Nymex / Comex Gold Eases From Three-Month Highs ! So what is the HINT ? Is it the Durability of the Recent rally ?

Nymex / Comex Gold Eases From Three-Month Highs ! So what is the HINT ? Is it the Durability of the Recent rally ?

--Gold for April delivery falls $9.90, or 0.6%, to settle at $1,776.40 a troy ounce.

--VOLUME & OPEN INTEREST indicates Some market participants cash out of winning gold bets ahead of the weekend.

--Gold gains 13% so far in 2012 on low interest rates, demand for currency hedge.

--Sluggish physical gold demand could undercut rally.

Despite the fact that we didn't trade above $1,800 (an ounce) & Sluggish physical demand for the metal could cast doubts on the durability of the Recent rally. Demand for gold coins from the U.S. mint had dropped off dramatically this month from January levels, and evidence pointed to muted physical buying recently from top consumers India and China.