Gold has been very bullish in this quarter and has now climbed almost 22% from lows of March,
Technically Gold has a reverse head and shoulders pattern and the major target is 2000$, But before that
The initial short term target of (Gold / Dollar) is 1800$ mark that can cause some pull back only to add more buyers. This has
been a market of weak Us dollar and Gold is always considered safe haven in the time of crisis. Meanwhile Gold reserves has also increased substancially.