Maybe copper or aluminium is a better bet to short.
With gold I am just seeing it top out and especially when there are many gold bugs which I guess includes you trading on emotion, then there are lots of suckers to sell to. Wait until State Street provide a Ceasing to be a Substantial Holder on CHN and see what happens with that price... back to 80c level - on top of the gold price drop
Check Silver price. Got smashed last night and they normally go hand in hand too. Best to play safe IMO.
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