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Gold: Rallies to Continue Consolidation
Gold markets have rallied pretty significantly during the trading session here on Tuesday as we continue to see a lot of noisy trading. All things being equal though, this is a market that I think given enough time we'll try to get to the previous resistance barrier of $3,500, but between now and then we probably have the $3,400 level, which is an area that has been noisy more than once. The fact that we pulled back is not a huge surprise considering that there was a bit of a shock to the system with the jobs number in America, at least the job opening number in America coming out hotter than anticipated.Keep in mind ... (full story)