Gold Technicals........Breaking down as suggested moons ago..Soon it will be time for me to dip a toe I suspect. If and when 1600 fails I will begin a position likely in Sprotts Physical ETF fund. (PHYS.U.TO) I have a hard time seeing Gold fall that 1460-70 areana.. I see this as a total flush of Gold and something that I have waited for and do not want to pass on if it happens.. If this flush isn't a huge buy opportunity in a world running scared what is??.. Why is Gold selling off when common sense says it aught to be going up? people raising cash to put it under their pillows?? People running to American dollars?? I don't think so...Manipulation is likely the key driver like it so often is... Goverments will be hoarding it and when all Hell breaks loose Gold will run like no tomorrow.. That may take a crack in the US dollar first...
Comments are most welcome...