Average decline since May 2013 with no retracement is 9.45%.
Since gold broke what I consider its major intermediate term support of 1235, the probability of it falling rapidly to 1175 - 1190 is high. Would not surprise me if we see it down $40-50 overnight this week or next. Medium term I see it falling much lower.
Since gold broke what I consider its major intermediate term support of 1235, the probability of it falling rapidly to 1175 - 1190 is high. Would not surprise me if we see it down $40-50 overnight this week or next. Medium term I see it falling much lower.