With the Euro debt crisis not leaving the headlines and volatility gripping the markets,   the flight to gold has become even more pronounced over the last week.   GLD pushed through technical resistance at the previous 52 week high around $120 earlier this week and hit a high of $122.24 today.      If the volatility continues,  Gold could see larger swings in the 2-5% per day range as world markets struggle to put a value on  the safety currency.        Gold and silver stocks ,  especially the smaller miners such as Hecla also have benefited and have seen 10%-20% gains in little under a week.     Technically gold is overbought at the moment and is high than 50, & 200 moving averages and is at the upper ceiling of its Bollinger Bands.    That being said,  once a stock or commodity breaks through a 52 week high,  it could be a few days or even weeks until technical come back into focus.

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