Gold price, page-6523

that last post, forgot to add: the only reason to sell that parcel would be to keep some on the sidelines for if we do fail $1,250 in the coming days and snap them up lower rather than pump more money in.


and now for a bearish view, being fair here and analyzing the pros and cons.

the big fail as $1,300 failed was chartly speaking, a descending triangle (these break to the downside).


Could this week's action be another mini descending triangle with the same result that finally realizes the $1,200 level?


Bring on the election already!!!
Sounds like the odds of a hike are now pushed out to December, so that will be a thorn in our side for a couple more months :/