It's all just a matter of time until gold goes on a massive bull run. If gold falls in the ST then it will be a good buying opportunity, but gold has found good support at 1280 so I wouldn't count on it. Mainstream starting to talk about gold so the contrarian gold buying phase is pretty much over.
It has been 8 years of an accumulation phase and gold hasn't dropped out of the trading range despite a record stock market bull run and a strong USD. With a recession and QE around the corner can't see it all of a sudden breaking support. Saddle up it's going to be a fun ride
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