The last two big dips in SP have been around 50c
Friday's take down was massive and one wonders if institutions will be lining up Monday morning with a rush to the exits.
Tough call since we are trying to second guess the Fed's and BIS planned actions.
I have a low figure in mind that I will put in to try my luck.
Certainly the fundamentals for gold and silver as a strong as they have ever been with large central bank buying, and unprecedented money printing going on...offset by some degree by the strengthening AUD.
My sentiment should be sell and then buy, but only if you can sell early.
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