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Here's why gold could fall to USD 750

Gold prices are near a six year low and traders should be aware they could tumble still further over the coming months. That's according to technical analyst, Mark Sturdy, the CEO of SevenDaysAhead.com.

A rising dollar is rarely good news for gold, says Mark. He also points to gains in the S&P 500 and his charts suggest we've yet to reach a peak. Rising equities could also dampen gold demand. That's why he says USD 750 an ounce for the precious metal can not be ruled out.

02:43 minutes
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