The gold market has set back late this week after the Federal Reserve on Wednesday did not lean as easy on U.S. monetary policy as most traders reckoned they would. The surge in the U.S. dollar index this week is another negative for the precious metals. Gold prices are still in a near-term uptrend, but the bulls need to stabilize the market yet this week, to avoid serious near-term technical damage being inflicted. Stay tuned!–Jim