sore knuckles after boxing, some help on diagnosis and recovery please?

I've been boxing for 2 hour sessions about 4 times a week for about 3 weeks now and my left hand just hasn't been able to take the abuse, im 100% sure my wraps are good now, although they weren't during my first week. My gloves are probably too small for me honestly, I will buy larger ones next pay day.

The problem at hand (lol) is that my left pointer and 'up-yours-' knuckles are swollen. Slight taps on them results in almost 2 seconds of pain and when I move the skin over them or clench my knuckles the friction under the skin isn't smooth like a normal hand, its sort of squeaky or stretchy feeling (hard to put into words). I've been suffering it now for about 2 weeks and am wondering if I should stop boxing until it heals and if anyone knows exactly what my symptoms mean?

Thanks guys, really hoping to sort this out because I don't want a messed up hand for life..
 
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