Gold's robustness is impressive, says Mark Sturdy at www.sevendaysahead.com. It has bounced off the $1,580 level four times, most recently just the other week.
However, a lot more is needed to turn the picture bullish, namely a break through the $1,638 region, which will soon combine with the falling trendline from the September 2012 high. We do believe another bull run could begin soon, though.
