THE GOLD MARKET IS IN AN UPTURN THE REASON IS NOT HARD TO GUESS

THE MARKET IS EXPECTING A QE3 FROM THE FED AND ALL COMMODITIES ARE RALLYING ON THAT EXPECTATION

WILL THIS CONTINUES WELL IT CAN BUT THEN GOLD IS ALREADY NEAR ITS HIGH AND TO GO ANY  FURTHER IT REQUIRES A GREAT PUSH

BUT TO FALL IT REQUIRES A LITTLE PUSH SO IF THERE IS NO QE3 THAN AND STILL THE US MARKET RALLIES GOLD CAN FALL VERY SHARPLY

SO I WONT ADVISE LONG POSITIONS ON GOLD WATCH IT IF IT COMES TO 1830 -1840 ON THE COMEX

I AM MORE COMFARTABLE AT THIS POINT TO SHORT GOLD ON RALLIES THAN BUYING IT ON DIPS

SO LETS SEE WHAT COMES OUT OF THE FED MEET