The selling is relentless
Another day, another decline in gold.
Each day the story changes a bit; risk-on, risk-off; dollar up, dollar down; but the gold selling remains. It's declined in 9 of the past 10 days. I noted a technical death cross on Monday.
Unfortunately, there isn't much relief ahead, at least not until the December 12 low of $1236. If that gives way, it's down to $1200 and the lows of 2017 and for the seasonal watchers out there, that low also came in July.
