Seems like gold is coming to a crucial testing point. It is what traders call a “DEATH CROSS” and for good reason. Typically this test can lead to a complete meltdown of the asset whatever it may be. In this case it is GOLD.
What will happen? Nobody can say for sure but the test is coming up very soon.
Will it bounce off the test ? Will is Collapse ?
My bet is it will collapse, but that’s just me.