Gold continues to rebound as it climbs above the mid-June high

Four straight days of gains in both gold and oil is a rare occurence and it makes me anxious about the status of the US dollar. It's notable that the gains have come amidst US intervention in the yen and yet-another mess in the Iran strategy. In any case, the bounce in gold hasn't run out of steam yet. It was lower earlier but is now up $40 and at a session high of $4382. Notably, that's just above the mid-June high, clearing the first technical hurdle in the latest rally. To be fair, it's a lon