Tejas Shah, Technical Analyst - Commodities at Sharekhan does not expect gold prices to pullback sharply in the near-term. "Our strategy would be to sell on any small rallies."
He says one can sell gold on rallies USD 1,075/oz with a stop loss of USD 1,090/oz. "We are expecting gold to test USD 1,034/oz, which has been 2008 high before the financial crisis began."
Tejas Shah, Technical Analyst - Commodities at Sharekhan does not expect 
