SUMMARY
I've been bearish on gold for quite a while. The ABC (red) ZigZag is well in progress. Just today, the bear flag has breached to the downside and that opens the door for much lower lows. Many could soon be horrified at seeing Gold hitting lower lows when they were expecting $5k or higher.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.