Gold is going to $1,300 by May: BofA technician

According to Curry's chart work, gold has been in a "sizable corrective phase" since November 2014. But recently, the yellow metal has shown signs of life. Moreover, Curry points out that gold's inverse relationship to the dollar appears have broken down, which he interprets as another bullish sign for bullion.

Gold is going to $1,300 by May: BofA technician