The gold market is basically struggling to decisively overcome the $600 level. Until we see that, we may see some indecision on the part of traders on how to handle the market.

The gold strength, as much as anything else, is technical in nature. The downward slide in the dollar from the early highs Friday morning, and the upward push in crude oil, can probably be cited for some of the strength in here.

We're seeing an increasing amount of capital in the commodities market in general and gold in particular.

Oil prices and continued inflammatory comments from Iran are driving gold.

Demand related to inflation and safe-haven fears has been driving gold. I particularly believe numerous gold traders are watching the Iranian situation with great interest, since it has both inflationary and safe haven implications.

New buying comes in virtually every time gold turns around.