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The gold price broke earlier this year convincingly through the $1,300 per troy ounce barrier. In January, the gold price reached a level of $1,365/oz. The last time that gold prices reached this level was in March 2014. It has been four long years. Many thought that gold was on the onset of a renewed rally, that it would finally truly break through the point at which every single gold rally hesitated over the past years. Nonetheless, gold prices are gradually falling back to that cursed $1,300/oz level. What can we expect in the short run?

The “Magical” 3% Barrier of 10-Year US Treasuries

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