Bloomberg Precious Metals Reporter Eddie van der Walt notes favorable technical event in gold

The last four times gold closed above it's 200dma, it climbed on avg 4% from the previous open to the peak. pic.twitter.com/RO8tVhbzjx

— Eddie van der Walt (@EdVanDerWalt) May 15, 2015

PG View: Gold closed above the 200-day moving average yesterday, and appears it will be reconfirmed on today’s close.