My gold short was taken out in a swift move on Wed by the Fed announcement that rates will remain low till 2014 and potential of a new QE3 if things doesn't improve.
Technically gold looks like it has broken out of a consolidating triangle and could look to hit 2000 from here. But with daily overbought, I will scale in a long position when it pull back down to 1676-1700 from here.
Will update soon.
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