Gold is expected by all an sundry to now reach new low of US$1050 near term. This won't necessarily stop those getting in front of bottom given risk/reward. The consensus bottom is just another 10% fall in POG but it may be less likely to see a further 20% fall in TRY (i.e. 36c). However, a a 10% increase in POG $1270 would likely see a +40% rise in TRY (i.e. 65c)
