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Goldie ate the dead cat...bounce!

Goldie ate the dead cat...bounce!

Gold COMEX:GCZ2015

Goldie is relentless to the downside and we are taking the Trigger Zone off. She has gone to far and now a snap back is possible. So we will wait to see if there a bounce before we setup a short trade for another leg down. We think Goldie is headed to $1,000 before shorts cover their positions. Stay tuned.