Like myself, the Citibank technicals team have been struggling to pick the market correctly in recent times but they have remained consistent in their bullishness towards gold in the longer term. They see it trading towards $1300 in the next 6 months, which is after all a 30% rise, and with a possible move to $2,000 thereafter.
Whatever you may think of Tom Fitzpatrick and his team, they are certainly not afraid to make a big call.
