Is the Fed Really Trying to Taper?

The gold chart looks pretty good, but how many times have we said that in the past on this programme, and then it turned out to not look so good a week later? Right now, we have moved above all of the short term moving averages. The next levels that i'm watching after that are 18 33 and 18 79. If we can clear those, than the bull trend is really on. Looks good now, but, you know, we've had a lot of false starts. Let's see how this plays out.