Gold Up Most In 3 Months, Spikes Above Key Technical Level

Gold continues to shine in the post-Saudi-coup world...

 

And the precious metal just broke above its 50-day moving average, after bouncing off its 200-day on Tuesday.

 

This is gold's best day in 3 months...

 Gold is gaining as the dollar index slumps to near 1-month lows...

 

 

Of course, it's USD/JPY that really matters (and it just broke below 112.00)