the markets world over are in a positive mood and ll the commodities are going up

gold which used to have negative correlation with with the equity markets is now showing a positive correlation with the world markets 

but gold is also showing a negatie correlation with the euro though it seems easy that if the euro is falling gold is rising but what really is  behind the gold rally 

on well level gold is now again becoming the safe haven that is always is but then it should  fall with rising stabilty in the world markets but the demand for gold is going up and the prices seems to be rising despite whatever may be the market behavior 

but to me it seems that gold prices have reached a high and should retreat somewahat on the mcx there should be profit taking rally after this relentless rise .

so  i am looking at selling gold with view of 300-400 point gain but of course with strict stop loss of 100 points 

so lets see wheter that pans out