Gold buyers reassert control
Bulls will be hoping that yesterday marks a turning point for gold after the pullback of the past week. The price has fought hard over the past few days to hold $1326, and if it can continue this then the way higher opens up.
Near-term targets can be found at $1338, $1346 and then $1358. A daily close below $1326 would be a worrying sign, although the $1320 area could also provide some support.