Gold is back in the news headlines again. Futures and currency traders are starting to refer to action in the gold market and the big banks are putting out technical and fundamental reports on the glittery stuff. All bullish of course.
The charts do look a bit overbought on a medium term perspective but I certainly wouldn’t be trying to pick a top in this strong trend. Central banks are buying and George Soros is trying to talk it down so it must be going a lot higher.
