Gold price copped a hiding dropping 40 dollars an ounce in 24hrs.
Nice if you had a short position i missed that one being busy with other tasks.
The outlook was definitely bearish but even the most optimistic wouldn't have forecast that smashing.
If 1660 goes then it could get uglier but looks oversold for mine.
Set a stop at 1659 and taken a small long position hoping for a rise near 1680.
