RE: Shake-out over imo..this is a great entry.. Over you said? Is it? I don't think so.
If Gold goes down to 1,530 or 1,500(max!!!!!) we'll drop well below 0,10.
Hasn't happened yet but be careful.
Panic sells everything. But I'm wondering who actually sells Seafield below 0,10?!
The other szenario would be that we go down to 1,550-1,530 and the correction is over. Gold climbs again and if we see stellar results from Seafield in March, this could get interesting.
The fact that Goldman Sachs has lowered it's forecast for Gold down to 1,450 for 2014(of course own interests) doesn't help. It's "Profane words found!!!". But if a company like Goldman Sachs says something about Gold many inexperienced traders get shaky hands.