This post was originally published on this site.Gold futures buyers keep returning near $4,040. Is $4,140 the next test? Gold’s recovery looks more convincing than Friday’s volatile price action suggests. Buyers have repeatedly defended an important support area, and underlying trading activity points to improving buying effectiveness. But one resistance zone still stands between gold and a potentially larger rebound. Gold futures are showing signs that buyers may be gaining the upper hand after a volatile week. The recovery from Friday’s low of $4,035.10 is encouraging, but my bullish interpretation goes beyond that single rebound. Several developments suggest that gold...