Spot Gold making a run higher now to $1551.25, with a move up through $1553.7o last seen on June 6 opening the doors for a retest of the all time highs towards $1570.

Sean mentioned in the Sydney session that Reuters technical analysts sees a push up through the all time highs as a bull trap with gains limited to $1615, followed by a collapse to $1300 at least.

Gold is trading around $1550 now