Gold prices have continued to find buyers at higher-lows, even with the continued hold of resistance below the $3500/oz level that came into play in April. The rally in gold ran for more than 75% from last year’s low to this year’s high, and the metal has been in an overbought state for much of the time from a variety of different indicators. The bigger question is whether that matters? Perhaps more interesting is the reason compelling buyers to continue accumulating even at these overbought levels, which traditionally would deter fresh longs. A 75% rally in fourteen months is a massive move for almost any market, ... (full story)