The robust gold trend somewhat faltered towards the end of last week due to a resilient US dollar. As the precious metal pulled back from its earlier record peak, it displayed mild bearish price action, leading to some calls that it may have peaked. While there is some doubt about its short-term technical prospects, I am unequivocally convinced that its long-term trajectory remains bullish, and it is conceivable that prices could soon reach unprecedented highs again. Why did gold ease off last week? In addition to profit-taking, the weakening of gold in the latter part of last week can be attributed to the strength ... (full story)