Even those chart-watchers who remain bearish on gold over the much longer term see potential for further short-term gains. On Monday, front-month gold futures shot up 3.3% to $1,336.40, the highest settlement level in a month, boosted by a decline in the U.S. dollar and continued expectations global central banks will keep monetary policies easy indefinitely.
Read More: blogs.wsj.com/moneybeat/2013/07/23/golds-rally-is-no-head-fake/
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