Friday, February 15, 2013

Ummm... About That Waterfall Decline for Gold

It usually doesn't work like this. We posted "Gold Is Approaching a Waterfall Decline" at COMEX: GCJ3 $1627.90 less than an hour and-a-half ago. Here's the action via FinViz:

Currently $1614 down $21.50 after trading as low as $1611. Note the cascade.
Now back to our usually scheduled fumbling and mumbling.