gold 50/50

Looks 50/50 up or down any thoughts? Seems to have been trading sideways for a while,
Cheers MB

From WA Today Fairfax
Gold to pounce if dollar rally stalls
November 17, 2008 - 4:54AM
Gold may gain for the third straight week on speculation the dollar's rally will stall, boosting the appeal of the precious metal as an alternative investment.

Eleven of 23 traders, investors and analysts surveyed from Mumbai to Chicago on November 13 and November 14 advised buying gold, which rose 1.1 percent last week to $US742.50 an ounce in New York. Six said to sell, and six were neutral.

In October, gold plunged 18%, the most since March 1980, as the dollar rose 7.8% against a weighted basket of six major currencies. Gold is priced in dollars and often moves inversely to the currency.

Most analysts surveyed on November 6 and November 7 anticipated gold's gains last week. The survey has forecast prices accurately in 141 of 237 weeks, or 59% of the time.