SO THIS IS NEWS HEAVY WEEK THERE IS EU SUMMIT WHICH WILL DECIDE WHICH DIRECTION THE EUROPEAN MARKETS ARE GOING TO TRADE AND  ALSO WILL DECIDE WHICH DIRECTION CRUDE AND GOLD GO

CRUDE IS TRADING AT HIGH AND THERE SEEMS TO BE STRENGTH IN CRUDE CHARTS

IT LOOKS LIKE THAT IT IS GOING TO GO UP  BUT NEGATIVE NEWS FROM EUROPE COULD SPOIL THAT CRUDE MAY ACTUALLY LOSE VERY FAST IF THE NEWS FROM EUROPE IS NOT GOOD

AND SAME GOES FOR GOLD,

GOLD HAS NOW A POSITIVE CORRETLATION WITH THE EUROPEAN AND US MARRKETS IF THEY GO UP GOLD GOES UP BUT GOLD IS ALSO TARDING AT HIGH ESPECIALLY IN THE INDIAN MARKET THANKS TO A WEAKINING RUPEE

GOLD ALSO LOOKS RIPE FOR CORRECTION BUT THAT HAS NOT HAPPENED AS OF NOW

SO WHAT VIEW YOU SHOULD TAKE GENRALLY WHEN THERE IS BIG SUMMIT THE MARKETS STARTS RALLYING BEFORE THAT IN ANTICIPATION OF A POSITIVE OUTCOME 

SO YOU CAN SEE EUROPAEN MARKETS RALLY IN ANTICIPATION AND UNLESS AND UNTIL SOMETHING HAPPENS TO TURN THE CART THEY SHOULD REMAIN POSTIVE  SO I DONT SEE ANY SELL OFF IN THE FORGIEN MARKETS

SO YOU NEED TO BE PATIENT I DONT RECOMMEND GOING SHORT BUT ALSO DONT WANT TO GO LONG AS OR NOW ITS WAIT AND WATCH SO FOR  NOW