I am very confident if this move down occurs the market will finally bottom and we will see a minimum +250% return on this ETF.
I'm treating this more as an investment than a trade.
If this occurs it could also mean a stock market crash is not too far away - historically it usually occurs within 12 months once Gold finds the final bottom of the bear market.
@nixpix416 Thanks, however the market didn’t reach entry. I will say the precious metals market has bottomed now and we have entered a multi-year bull market. Approximately 4-12 years long. So good time to buy metals still.