gold price may start reversing to the upside, page-2

Mate,

Point taken, but as you see when traders see US economy is stronger than anticipated which is good for market they already factored in the possibility of FED increasing rates sooner and US dollar rebounding, other thing to take into consideration is there are massive shorts in US dollar and one day we don't know WHEN!? there will be a time when FED will put the rates up hmmmm that is the time when the shorts in US dollar will have to cover and that is the time where GOLD will come under massive pressure....long term I believe GOLD is ok but one can't be sure in this game and experts are always wrong too....if you have money and can afford to get locked in losing positions then you have no worries but I would hate to get locked in any losing position and missing out on other trades hmmm everyone has a different trading strategy and it is ok a long as one is happy with the results at the end of the month.

Cheers,