You want to hope gold gets smashed down to the 200-day moving average – which should be about 2850ish by next month.
This will test the large round number at $3000 – which should clear any remaining bullish sentiment – not that much exists in the public.
This is when silver should start to outperform. And the smaller shares should begin to pick up – with the good ones skyrocketing into next year.
At least that’s the plan Stan if history is a good guide.
You want to see gold bounce off the 200-day MA.
That’s the key – a perfect correction/test.
Cheers
