Here is an interesting piece from ABN-AMRO on the gold price and gold ETF positions. ETF sales are extremely bearish for gold and this commentator forecasts end of 2014/2015 at $1000 and $800.
If ETF sales continue, gold will continue to fall.
https://insights.abnamro.nl/en/precious-metals-weekly-usd-1180-per-ounce-sight/
