Gold bears had big opportunity to push price lower on Monday Technicals acting better, except near-term conditions little overbought How hedge funds were reacting to Friday/Monday action will be a good tell Monday, gold had a solid excuse to melt … Continued
Improvement in gold’s price action in recent sessions Key will be if non-commercials begin to add to net long gold futures Looks to be bottoming, but still tentative; short GLD puts safe way to go for now Gold ($1,187.9) is … Continued
Gold, still near key technical level, generates some interest from longs Dollar has spent lots of energy last 12 weeks, looks tired Potential for reflex rally on GLD rises Phew! Sighs of relief expressed by gold bugs. The metal managed … Continued