hello friends

gold went down yesterday but today it has  recovered a bit

dolor is strengthing against all curriensies and that could be one reason for the rise in gold

but European markets are strong and are gaining momentum

the US futures are also pointing to positive start

if the US  market  opens in an uptrend and Europe continues its upward momentum we can see gold coming off somewhat

so i would advise to go short on gold for 200 -300 point profit on the mcx

regards
vishal arora