FX:XAUUSD   Gold Spot / U.S. Dollar
HEADER - So 16 looks really dead right now. This is incoming for this week.

SUMMARY - Price action since Friday afternoon is showing major weakness coming. Bulls have only hours left to stop this tail to 1870s (and then some next week too?).

DETAILS - Please read 16H for background.
Comment:
4:35 PM ET MONDAY

1. It is even worse now.
2. Sigh... this is going to be a massive wrench in all markets.
3. I need to post 17B, because 17A is too slow on the way down.
4. I don't have any time, I'm sorry.
5. So my expectations are:
a. 1875-1880 next before any resemblance of a real bounce.
b. but I'm not even sure about that, bc it my drag to 1860s BEFORE the dead cat bounce
c. if that's the case, THEN THE CEILNG FOR THE BOUNCE IS 1905
d. I have 1850, 1820 after that (end of this week, early next week)
e. IT COULD EASILY BE WORSE.
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