Experts seem split as to where gold goes from here. Mihir Dange, founder of Arbitrage, says he is short term bearish but long term bullish and is forecasting a wide range for gold prices from $1,550 to $1,715 an ounce. If either of those levels are broken, the upside and downside could be $100, according to Dange. Gold prices continue to move with stocks, a bizarre correlation of late. "Both markets have been beaten up so much," argues Dange, "I think once we get out of this range and you find the S&P out of this range
Alix Steel in New York. >To contact the writer of this article, click here: Alix Steel. Follow TheStreet on Twitter and become a fan on Facebook.