It's quite possible Gold will shortly break below the double bottom at $1,180. If it does there will be mass panic amongst Gold-bugs. The rush to get out of anything Gold will be something to behold.
Gold bugs should have a look at the Ira Epstein videos as he is the only one who seems to get the short term direction of Gold mostly correct. http://www.iraepstein.com/videos/midday-metals-report.html
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