US 500 has just stopped its short retracement now hitting 1966.70, I bet everyone is buying more contracts hoping for new record hitting 2000 in a week or two regardless the latest announcement from US that sounds Dovish. I guess many are taking their long profits from gold already. After all gold is gold, it may go lower but to an extent. When you invest in materials where people work in mines and the metal is used for many purposes and manufacturing. I don't worry how far it falls as long as i keep opening reasonable trades within my account balance. Let whoever want to manipulate the market (like Barclays before) do whatever they can. Materials are worthy to invest in and I think actually the down trend has stopped already last year in December when we hit 1181. Since then upward trend established, From March till 2 weeks ago it was already correcting or retracing after hitting 1400 again. Maybe I am wrong but this is how I see it when it comes to gold no matter how economists pushes the idea that it is nothing like Safe Haven and you can depend on stocks or whatever. Any crisis will make everyone run to gold. It doesn't loose value over time. Green Pips everyone 
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