Gold futures closed Monday at $4,540 per ounce, adding $50 — or 1.14% — on the session, capping a strong five-day run that has seen prices appreciate by 2.84%, or roughly $125, since last Tuesday. The advance marks the metal's highest closing level since it slipped beneath its 100-day simple moving average (SMA) on Friday, March 26th, a breakdown that has since defined the ceiling of every attempted rally. Both the U.S. Dollar Index and crude oil futures cleared the psychologically significant 100 level during Monday's session, continuing a bullish trajectory that began last Tuesday. The Dollar Index has added 1.45% ... (full story)