You might be right in the short-term Goblin, but the long term trend is still up. Gold may pull back to $850 or even $800, I think that would be the time the buyers come back into the market.
Same thing happened some time ago when gold got to just over $700 then came crashing back to $550. Everyone belived Gold had topped and was a goner at that stage - it's nearly doubled since then.
Has anything fundamentally changed since gold began it's bull run at $250? I dont think so. The USD is dead but may have a couple of technical rebounds along the way.
