I would seriously like to see some form of retrace to consolidate at the $1700 levels as it would be healthy for long term movement. But it does seem that the experts were right....that is, the price would go north fast once it breaches $1764/oz.
As such it fought six times at that level before breaching it to $1800/oz. Truly incredible.
It seems that it was just a few weeks ago when there were numerous doubters calling for a move back to $1000/oz and that gold was just a barbarous relic...they all seem to have disappeared now. They just did not understand the basic concept...
i.e. It is not how many dollars you have but what you can buy with each dollar you have that is important.