Gold failed at $1,140 the previous double bottom. That's confirmation Gold is headed lower.
Moire proof is the fact that the "big surge in Gold" due to the Fed not raising rates last Thursday was a pathetic $25.
Sites like Zero Hedge, King World News, Peter Schiff, etc. pour out a never ending stream reports to "Buy Gold Now" as disaster is around the corner. Like a broken clock that is right twice a day they are right every 20 or 30 years.
