Gold Futures Hit All Time Highs

Dollar weakness is still prevailing, but I'm not so convinced that there's another nasty leg lower in the dollar yet. My speculation is that even if we temporarily break down to 100 on a temporary basis, it would resemble potentially something very similar to what happened in crude oil going down to 65. We've got major overhead resistance just above the market. If we could somehow rapidly power through that resistance and get to new all time highs, that would be incredibly, incredibly bullish. But I think it's much more likely that we will get tonew all-time highs, but maybe not till this summer sometime.