Gold bulls say bears should be nervous as metal's rout ebbs

Beleaguered gold bulls are finally getting a rest from this year’s sell-off, and some see encouraging signs for a turnaround in the metal. After falling for five straight months, the longest slump since 2013, gold is showing resilience, holding near $1 200 an ounce since late August and registering a small gain so far in September. The metal is getting support from signs of a sputtering rally in the greenback and indications – albeit tentative – of easing U.S. inflation pressures that could slow the Federal Reserve’s hand in raising interest rates beyond this month.