– Gold Soars Into Green Year-To-Date, Breaks Above Key Technical Level:
Gold has broken above its 200-day moving-average and pushed back into positive territoiry for 2015 amid a notable surge in prices (after whipsawing around in the last 24 hours). As the USD Index suffers its first ‘death cross’ in over 2 years, perhaps Paul Singer’s comments are starting to gather momentum.
Gold is now up 4 days in a row, back to 4 month highs…