Despite the decline of the US dollar with the return of traders from the holiday, the price of gold only rose to the $1733 level before settling around $1728 as of this writing. Gold is waiting for more momentum to achieve stronger gains or to complete the recent downward path that pushed it to the $1678 support level last week. Gold's gains were limited as investors chose riskier assets such as stocks thanks to the latest batch of positive economic data, better than all expectations. The US Dollar Index (DXY) fell to 92.54, after showing some strength earlier thanks to upbeat US jobs data and a report showing strong ... (full story)