With four-straight winning sessions, gold appears to be turning around. But keep watching the chart closely, because bullion isn't in the clear yet.
Gold finished on the high side of its range on Friday, allowing the market to carry slight momentum into the new week. After closing at $1,312 on Friday, gold has been up more than $20 at one point in Monday's session, reaching a high of $1,333 as it stretched above major resistance at $1,325.
(Read more: Gold climbs for 4th day, SPDR holdings rise)