Caution: As the U.S. Dollar Weakens, Here is an Important Update On the Gold Market

from King World News

With the price of gold still consolidating gains from the massive rally off the lows, here is an important update on the gold market.

Gold: A Note Of Caution

April 28 (King World News) – Top Citi analyst Tom Fitzpatrick: While we continue to remain constructive for Gold medium term the short-term price action is more concerning suggesting a danger of another double top forming similar to what we saw in early March. The weekly close on Friday above $1,703 was a constructive medium term development but the lack of follow through is flashing a few alarm bells…

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