Gold Needs a Good Rest Before Continuing Higher

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Gold Needs a Good Rest Before Continuing Higher

Gold went up 12 years in a row, which is extremely unusual, and there has been no asset in history that has seen something like this. The anomaly in the gold market is how strong it has been-it has never happened ever-technically, gold was overdue for a big correction. I am sure we will see Gold prices to go up in the future. But before we can see continue higher I think we will see some sell offs where the weak hands will get washed out and then gold will set a solid base to continue higher. I remain a long term believer in Gold.

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