With military action in Syria looming, gold has reclaimed it "flight-to-quality" status. But while we see gold continuing to move higher in the short term, there will be a clear limit to how far it can run.
This commodity has fallen from grace even more dramatically than Apple did last fall. But we have recently seen a distinct change in sentiment. Noting that gold has risen 20 percent from its low, some "techsters" even want to point to a new "bull market" for gold—but we wouldn't go that far just yet.
(Read more: Gold: 'It's like summer never happened')