The US dollar continues to be a bit like a wrecking ball, although gold has its place in this type of environment. 

• Gold markets have fallen a bit during the trading session on Tuesday as it looks like we are going to test the $1700 level.
• If the market were to break down below the $1700 level, it’s likely that we will continue to see negative pressure, perhaps opening the possibility of a move down to the $1680 level.
• That’s where we had bounced from previously, and it should offer a significant amount of support.