Gold bounces back as nervousness returns to equity markets, but is the selloff over? Some...

|By:, SA News Editor

Gold bounces back as nervousness returns to equity markets, but is the selloff over? Some traders see a buying opportunity, but BofA's MacNeil Curry thinks there’s a lot more downside left before the gold bull resumes. He sees similarities to the 2006 breakout and reversal, which would indicate a return to $1,462-$1,576 before eventual resumption of the larger secular bull trend.