The technical indicators remain bullish for gold, according to both Gary Wagner, editor of TheGoldForecas

It’s about the Benjamin’s, at least for today. It was dollar strength that curtailed more upside gains in gold. Even with moderately higher dollar, once again gold futures closed at a new all-time record high.

Gold has risen ten out of the last eleven trading days. This week alone gold has traded to a new all-time record high on four of the five trading days. Most impressive was the closing price of gold futures today.