The gold markets initially tried to rally during the trading session on Tuesday but could not break above the $1800 level. The $1800 level is an area that will attract a certain amount of attention, so it is likely that we will see a continued pushback every time we get a bit too close to it. If we can break above the $1800 level, then I do think that we will enter a bullish run, perhaps looking towards the $1850 level, followed by the $1950 level. Ultimately, taking that move will have a lot to do with the US dollar and yields in the bond market. Pay close attention to the US dollar, because if it continues to slide ... (full story)