Gold markets went back and forth during the week, showing signs of confusion or perhaps even stability. The previous candlestick for the week formed a hammer, and this one shows that we are in fact trying to stabilize in this area as well. If we can break above the top of this weekly candlestick, it’s likely that we could go to the top of the breakdown candlestick from a couple of weeks back, sending this market closer to the $1520 or so. At this point, this is a market that should continue to go higher, but we may have a little bit of noise to chew through in the short term. {video} Looking at the chart, we are most ... (full story)