Description
⋅ The 200 Daily Moving average is at 1305 (05-02-18).
Looking at the year 2017, we saw three occurrences when the Bullion Banks smashed the price of gold below the 200 dma .
Each time, price fell $30 - $40 below the 200 dma before reversing.
We've Seen This Movie Before... Will it happen again ???