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Gold Market: More Downside

Gold Market: More Downside

 I put up those Downside Targets for GLD back in Aug 2020 in this post Gold Market: Potential Pullback Targets. It's easier to see the bear case today. But back in Aug 2020, it's almost blasphemous to suggest that we should be bearish on gold.There're several technical developments this week that tell me these downside targets are likely to be met in months to come.(Click chart to enlarge)The



This post first appeared on { * RamBLer WithOut BorDers * }, please read the originial post: here

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Gold Market: More Downside

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