I am long term bullish, but just can't find more catalyst now for the strong breakout above $1800. We already know rates are not going back up soon, we have more QE but no negative rates for sure. With all this facts, it should cross $1800 this month, if not then we should look for pullback sub $1600 to form the handle and then surge back up with fresh buying pressure. Furthermore , considerable period of sideways would have longs closing out as the cost is higher to hold long positions ( the reason i would be closing or and also hedging short )
