| Gold bugs simply can't catch a break. After starting 2015 with a bang, bullion made a new year-to-date low this week as Fed Chair Janet Yellen reiterated plans to raise interest rates later this year. The precious metal is now more than 12 percent from its January high, and according to one technical analyst, it could be on the "cusp of a major breakdown."
"I think we need to be prepared for what the biggest casualty of a rate hike could be, and that's gold," Todd Gordon said Thursday on CNBC's "Trading Nation." By Gordon's chart work, gold has broken through a key trendline that's been in place since 2001...............................................Full Article: Source
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