It’s been a wild ride for gold the last couple of weeks, as markets have done their best to navigate the poorly communicated policy shifts at various central banks. From pricing in plenty of rate hikes to paring back expectations, gold has previously broken below the ascending channel and set itself up for a potentially deeper dive, before now soaring higher to test the mid to late summer highs. {charts} Once again though it has run into some difficulty just shy of $1,833 which has been a solid area of resistance in recent months. Whether this is just some short-term profit-taking, based on past experience, or ... (full story)