Gold turns at a perfect 38.2%FibLevel onLow of 14Nov
Price is down around 2620 after Gold tested 2600 level again or close to it.
Perfect alignment with 38.2% Fib levels from the 14 Nov Low.
So maybe a fake bounce here and then that final 38.2% down to 2536. I would not be suprised.
I finally got a short down to this level. Small lot size but it does not matter, Gold / Silver are penny-pinchers and don't like Shorters'. But its okay for them to wipeout profits in our portfolios which lose value on the march down in price to these huge lows.
Then you place a couple of little orders down here at the lows, it's like you stole a Mercedez-Benz.
I would not be surprised to see price break lower to form the symmetrical triangle
