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Gold Continues to Shine with Latest Break Higher
Gold has rallied again during the trading session on Monday as we continue to see a lot of upward pressure. All things being equal, this is a market that I think is trying to break above the $5,200 level, an area that has been important in the past. I think we have a situation where short-term pullbacks continue to open up the possibility of value hunting. The $5,000 level is an area where a lot of people are going to be paying attention. As it is an area that obviously has a lot of influence on the market, all things being equal, this is a market that I think continues to jump to the upside and perhaps try to work ... (full story)