Any price dip has been quite well supported by fund buying, and aggressive selling has been discouraged. The positive sentiment remains very strong and people are looking for further price gains.
Technical trends are looking very strong and people find it very risky to go short right now. I think that's why the rally has been continuing.
Impressive gains are seen in platinum and palladium, which are rising strongly above their recent ranges.
The strong price action and impressive technical trends in various currencies suggest prices should remain elevated in 2006.