Gold Bulls Eye Breakout, But Caution May Be Required

I'm seeing a lot of bullish calls for a gold breakout this week, and the contrarian within me suspects this could lead to disappointment over the near term. Even though my core bias is for gold to reach new highs eventually. Today I look at market exposure to gold futures from the commitment of traders report alongside key levels on gold's futures chart.

Matt Simpson, Market Analyst at Forex.com and City Index.