Gold

I had thought gold might spike down to 1488 and showed this chart a few times.In the end we had a much bigger fall and I am very much on the sidelines until the picture clears up. As I understand it physical demand remains strong and I personally dont see an imminent end to the money printing that is Central banks' default policy to the current crisis that we are still in,so I am fundamentally bullish and waiting for the technicals in the paper market to clarify the situation.At the moment they are bearish and I suspect a retest of the lows is likely,I still believe gold will trade much higher within the next few years