What is Gold Going to Do this Week Up or Down?

After the last couple of weeks it will sure be interesting to see what gold does this week.  We have bought it while it was low now maybe time to sell some of that off.
Right this minute it is $1475.
This is what the experts are saying.

Gold maintained a close above our suggested stop loss on Friday at $1,454 and filled the retracement to $1,477. News this week should create the pivot to break the range. The European Central Bank will meet to discuss interest rate policy, although Germany is expected to resist dropping key rates from its current 0.75% level, so, the grinding slowdown in the other EU member economies may win the day.

The “experts” are suggesting that a drop in EU rates will be very bullish for gold. On its face, added liquidity should be price supportive for the metal. However, I caution that lower EU rates may have a serious implication for the value of the Euro. This may create more demand for the US dollar, which “historically” is negative for the commodity complex.  To read more from Pete Hug http://www.kitco.com/ind/Hug/2013-04-29-Pivot-Week.html

Here is where you can buy some nice gold nuggets http://www.webstore.com/16272,user_id,shop