Ah it's funny how market cycles work. When you get near the...

Ah it's funny how market cycles work.
When you get near the bottom panic station start to set in and everyone loses grip of objective thinking and rather uses sentiment.
Gold will be fine
However it does look like we may continue downward IF IT DOES NOT FIND SUPPORT AT 1800.
1800 is minor support levels which is why im thinking with all this vaccine limbo around we may be on our way down.
1745 is the next level of major support, which is where i believe it will find support in between 1745 and 1680 as this is looking like it would fit within a timeline of events coming up.
The moment stimulus starts flooding in and or the market indicie's need to cool off from their current bull runs. Thats when gold will bounce sharply and quickly and off on its cycle to new highs. Long term do you really think the US Dollar will be strong with all this debt being created?
How will this effect GOR?

Goldies generally mirror the spot price within a certain range of diversion of the mean. You may be thinking, how the flying fk is gor at this level. Its simple, gold spot price. Many people fear why gor is going this low, but dont realise the major swing away from the spot price mean is where your buying and selling opportunities are. Id say we might see gor hit 1$ unfortunately, as it follows the spot price. I would love it if GOR gave a nice little update and findings report so we hold at 1.18 but knowing gor zipped lips i dont think thats likely.
Dont fear and just keep adding at support zones. this is a cash flow positive gold miner with exploration and cash reserves. we will be fine holders. all goldies are hurting right now its not just gor.
Obviously not financial advice GLTA