Previous similar episodes were soon followed by combinations of pullbacks and sideways drifts. Those high consolidations gradually rebalanced overextended technicals and sentiment.
The market cleared the old high it made; the 18-day average keeps climbing every day. I don't expect many corrections, but since you've just come from $3400 and are now pushing $3718.
Gold was the worst performing precious metal of the past week, though still up 0.83%. China’s move to ease gold import/export rules aims to diversify reserves away from the U.S. dollar...
