(Kitco News) – The gold market is presently suffering a serious mauling from the bears—both from technical and fundamental perspectives. Prices on Tuesday notched a 3.5-month low and downtrends are firmly in place on the shorter-term and longer-term charts. The surging U.S. dollar and the likely tightening of U.S. monetary policy in the coming months are headline news events keeping gold buyers wary.
