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Is everyone bearish on Gold for long term?

According to Citigroup Inc. and Morgan Stanley Gold will continue to move down with the growing U.S. economy. The increase in gold price is only a short term effect after the Federal Reserve surprise decision. I also read on Bloomberg that some analysts from Citigroup said that Bullion might fall below $1250 an ounce before the end of the year if the US economy strengthens and Fed decide to start tapering. Various hedge funds also reduced their long positions on gold as they are bearish on gold for long term. Gold is typically reacting on the economic data of U.S. as Fed said that if the numbers are good it will start tapering which eventually will strengthen dollar and weaken gold.