Gold Breaks Down, Waving Good-bye to the 2019 Rally

From fxempire.com

The decline in gold, silver, and miners is developing just as we’ve been expecting it to. Most importantly, gold has just confirmed its breakdown and everything that we reported on gold’s outlook and price targets just got a huge confirmation. Let’s take a look at what gold, silver, and mining stocks did in the last couple of days.Gold broke below the lowest closing price of September and it just verified this breakdown by closing below it for three consecutive trading days, and that includes the weekly close too. That’s a clear way for gold to say that a relatively broad top has been formed and that lower ... (full story)