Fundamentals for gold are very bullish. Price inflation in key components of the economy exceeds bank interest. Historically this provides energy for gold to rise, as bonds no longer offer protection. Stock markets around the globe are in decline. This money is looking for safety. Negative interest rates are causing people to withdraw savings and look for a place to put this money - gold and silver to the rescue. Commercial traders are short - but then they are always short. Perhaps this time they will help the bull market along by covering short positions. The technical picture for gold and silver is improving by the day, as we attempted to show you in this article. http://www.safehaven.com/article/41086/commercial-gold-traders-appear-to-be-losing-their-grip