Loading ...Gold approaching first benchmark date first week of Dec. This date is important as it’s a turning point. It can turn up, down or begin a sideways move.
The next benchmark date is end of march. The final low in gold (or end of correction) could happen at that time. We are right at trendline support here.
Silverngold – interesting your chart shows the same for silver. Silver’s benchmark date is 1 week before gold (actually this week). So what you should could play out as a turn up. But the problem is that gold and silver havent dropped far enough. I need to see sub $1000 gold. So I am thinking we could get a bounce here but then a final low in April.
