Goldman closes its gold short, the metal's move back above $1,400 triggering a stop. Still...

|By:, SA News Editor

Goldman closes its gold short, the metal's move back above $1,400 triggering a stop. Still bearish though: "Our bias is to expect further declines in gold prices on the combination of continued ETF outflows ... as well as our economists' forecasts for a re-acceleration in U.S. growth later this year." GLD -0.3% premarket.