Market Insights
By Walter Pehowich
From my hotel room in Dallas. I will be spending a good part of the week here. We begin the week with selling pressure out of the Far East.
Gold trading under $1,140 this morning with the remnants of stops being triggered at that level overnight. Continued stronger dollar helping the shorts in the Gold market gain momentum. Next level to watch is $1,131 in December, then possibly test the $1,110, according to Wall Street Gold technicians.\