Mostly: Classical

[Chary]

I am not happy others are on the wrong side of this trade. Having said that, I do loose sight of the fact that there is always someone else on the other side of the trade and when prices are taken down hard and fast like the last 3 days in Gold, plenty of people are hurting. It is good for me to think about instead of only look at charts.

200 SMA or 1/2 HS? I dunno. The thing that motivated my post was I had heard someone mention $460ish as the price point they thought we could hit before we turn. I almost fell out of my chair. All I am going to do is take it one resistance level at a time and watch the volume levels as we get into them for indications of a possible turn or more down.
Weeks or months I don't know but I can't imagine anything lower than $480. $505 is a possibility as well. But based on how we've got here I do not see it stopping.

Trying to keep myself from getting killed.