Gold bugs continue to buzz as the run higher clears $3,020 ...Middle East

The run higher now looks to see gold post 11 weeks of gains out of the last 12 weeks. That's a stunning rise in which gold is averaging roughly 1.3% gains per week in that span. ?

We're also starting to see analysts raise forecasts for gold as the mood music continues to stay more bullish. ANZ is the latest to revise their 3-month and 6-month forecast of the precious metal to $3,100 and $3,200 respectively.

This article was written by Justin Low at www.forexlive.com.

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