Gold prices tumbled Monday morning, falling below $1,900 an ounce as stocks sold off across the board. And, according to Credit Suisse, there is a chance that gold's plunge is not over until a low of $1,765 an ounce is hit.
The technical level to watch is if $1,897-37 an ounce holds. At the time of writing, December Comex gold futures were down a shocking 3.31%...
Gold markets have pulled back a bit during the trading week, only to show signs of strength again just above the $1900 level. I do believe that the $1900 level is going to continue to offer a bit of support, but at the end of the day I think you have to be very cautious about getting overly bullish as the US dollar seems to be trying to recover
If we were to...
