Ike, The thing is, with last week's FOMC news of NO tapering (bullish) and a crashing US dollar (also very bullish), Gold couldn't even manage to make it over $1,375 (Very bearish)! Now we wait to see how Gold does as the dollar rallies for the next 4-6 weeks. Speculations abound that this is a very obvious set-up for a very sharp decline in the POG! Perhaps the best chance for the bears to take it down to the $1,000 level.