Im thinking if it breaks 1180 it may over time look to complete its long term head and shoulders, of course it wont go str8 down as nothing ever does
As for low prices increasing physical, i would have thought these lower prices are going to start causing selling of physical, bring in scrap so to speak as huge amounts of inventory purchased in the form of coins and little bars start getting flogged as longer term holders sell
But it all just a theory, long term i still think it eases after decades of hoarding..
Id be suprised though if today is going to be shown on charts as the definite bottom in gold
