How To Trade The Rebound In Gold Prices

Disclosure: I own shares of AUY and GG After being out of favor for three years, gold is shining again, gaining close to $200 in the last month alone. Technical analysts are very excited with this big jump in the price of the yellow metal, as the gold chart recently formed a “golden cross,” whereby the 50-day moving average is trading above the 200-day moving average, suggesting that the gold rally has legs. Traditionally gold is a good hedge against the prospect of runway inflation. But the...