finally , capitulation.
we will see how long it lasts
My retrace target (130 basis XAU) has registered (this is in the area of the extension of the Head and Shoulders Neckline from 2011 - hitting it from above) - additional risk down to 112-115 - top of current cup-n-handle formation on the monthly, FWIW
got a count? I see Tsharp says we ae now in a large c down in gold to 1000 area
gotta love markets. people do exactly what their emotions tell them. the bradley, which some years are better than others. has the low dec2. we shall see. we are getting close now. sentiment has shifted big time. they will print. print . and print some more no matter who sits in the big white house
gold lost more than 13 tonnes yesterday. which is more than 1% which is usually seen at lows!
Edited by dharma, Yesterday, 11:09 AM.