Gold is running out of bearish news1- Greece gets temporary relief
2- Unkraine apparent ceasation of hostilities.
3- America is in recovery
4- oil is stuck about 50 dollar per bbl
5- FEDs may raise rates in June.
6- iSIS in retreat.
7- Ameican indexes near all time highs
All the above are factored into current gold price and it is taken for granted they will pan out lomg term.
I fo not think there afe any more besrish news heading the gold's way.
Bears have got the best of all worlds at this point.
Now lets us wait for some bullish news, potential abound