Gold, Gold Miners Rally From Low: How To Tell If This Uptrend Is For Real

Gold and gold miners rallied the past three months from oversold levels. At the same time, the dollar, which tends to trade opposite gold, weakened perhaps on fading expectations for a Federal Reserve interest rate hike. Over the past three months, spot gold prices have popped 7%. But it remains down 5.4% for over the past 12 months as the U.S. dollar index surged 13% over the same period. Gold miners vaulted an eye-popping 17% the past three months. But they’re down 19% for the trailing year....