Gold’s Freefall: $2600 "Make or Break"

Crashing gold

Gold is crashing below the 50 day as of writing. This has been the strongest 4 day down move in a very long time. Last week we outlined that "all good things come to an end" (here), gold included. $2600 is the big make or break level, coming in right at the big channel lows. Note the 200 day way lower...