Gold inched above the February high and now eyes the November 2011 high at $1802.
If that level gives out, the technical picture for gold is rosy, to say the least.
There is chatter that banking union talk is helping gold. Germany, France and Poland met in Warsaw today and released a statement saying they were determined to ‘work swiftly’ to establish a union but, to me, that’s not a great reason to buy gold.
