RE:The good news is....goldnorte... I hope you realize that your statement now that the gold market will rebound quickly and hit new highs, is in complete contradiction to your previous bull trap comment....lol.
” A bull trap refers to a short-term rally during a downtrend that “traps” the bulls who mistook it for the start of a new uptrend.not sure how you can be so sure where gold will go, especially considering how overbought it is. Personally I don't think anyone on this board knows for sure which way gold is goingj, by how much, how fast, or when or they would be too busy counting their money to be typing. Just my opinion.