If the US dollar gains strength, especially due to the inflow of funds into the bond market, a pullback in gold is even more likely. However, the $1900 level underneath should provide some support, given its past role as both support and resistance. Additionally, gold may be experiencing an uptick in demand due to concerns about the banking system, as well as the expected bailouts that may lead to currency depreciation. The 50-Day Exponential Moving Average (EMA) is currently closed to the $1860 level, and this should be considered a significant support level. Any pullback that approaches this area should be viewed ... (full story)