Long term gold bulls are looking for a move above $1921, near term not as strong though

One for the gold people, this a view (in summary) via Credit Suisse

• We firmly remain long-term bulls
• look for an eventual move to new record highs above $1921
• near-term we continue to see signs the trend is losing momentum, raising the prospect of a consolidation phase, confirmed on a move below $1660, which we would view as a healthy development within the long-term trend.