Calling gold bottom at 1450~1500

Gold is respecting the current down channel and will most likely visit the lower end of the channel by the year end.

A short lived relief rally is ahead of us.

My plan is to gradually average down.

Calling a bottom is stupid but the technicals point to 1450 as the worst case scenario and 1550 as a likely bottom.

One thing is for sure.... paper gold is holding the real gold down.... as long as those paper shorts are flooding the market we are getting REKT :)