We are in-fact melting highs and making new highs and we will continue to make new highs. Bull market is intact.
I have been bullish on gold for almost two years in terms of Yen and I've been bullish for the last six or seven months in terms of Euro.
I'm really quite bullish on gold in terms of Yen and Euro and neutral gold in dollar terms. Its comfortable between 1285 and 1315 and I doubt its going to break out anytime soon.