XGDLooking good, we are seeing fear around in the US markets...

XGD

Looking good, we are seeing fear around in the US markets (thats what i trade), we likely see Gold spot puke under $1180.

If you are a bull you WANT fear, you want to see the cocky bears come out with the fear stories, thats exactly the conditions along with a suspected completed pattern that you want to step up and BUY!!!! at a low.

Atm its not a buy setup, i dont see a completed setup on HUI or Gold, so XGD is likely going to push a bit lower.

Until it shows me something like a WOW rally, i am looking a bit lower as this index is in sync with the HUI and Gold, which likley need lower.

Its always the darkest before dawn.